Total Revenue for Satellite Telecommunications, All Establishments, Employer Firms
REVEF5174ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,310.00
Year-over-Year Change
7.00%
Date Range
1/1/2002 - 1/1/2022
Summary
This economic trend measures the total revenue generated by all employer firms in the satellite telecommunications industry in the United States. It provides insight into the overall financial performance and market dynamics of this critical telecommunications sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Total Revenue for Satellite Telecommunications, All Establishments, Employer Firms trend tracks the combined revenue of companies engaged in operating and maintaining satellite telecommunications facilities and providing satellite telecommunications services.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This metric is used by economists, industry analysts, and policymakers to assess the growth, competitiveness, and overall health of the satellite telecommunications industry.
Key Facts
- Satellite telecommunications is a $15 billion industry in the U.S.
- The industry has seen 8% annual revenue growth over the past 5 years.
- The top 5 satellite operators account for over 75% of total industry revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by all employer firms in the satellite telecommunications industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall financial performance and market dynamics of the critical satellite telecommunications sector, which is important for economists, industry analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by economists, industry analysts, and policymakers to assess the growth, competitiveness, and overall health of the satellite telecommunications industry, which is crucial for communications infrastructure and economic development.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Total Revenue for Satellite Telecommunications, All Establishments, Employer Firms (REVEF5174ALLEST), retrieved from FRED.