Total Revenue for Lessors of Miniwarehouses and Self-Storage Units, All Establishments, Employer Firms
REVEF53113ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,572.00
Year-over-Year Change
178.60%
Date Range
1/1/2010 - 1/1/2022
Summary
This economic trend measures the total revenue for lessors of miniwarehouses and self-storage units across all establishments and employer firms in the United States. It provides insights into the performance of the self-storage industry, which is an important indicator of commercial real estate activity and consumer/business demand for storage services.
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 Lessors of Miniwarehouses and Self-Storage Units, All Establishments, Employer Firms trend tracks the combined revenue generated by businesses that primarily rent out space for self-storage in the U.S. This data point is used by economists and policymakers to analyze the health and growth of the self-storage industry, which can reflect broader economic conditions and consumer/business confidence.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by real estate investors, developers, and analysts to assess commercial real estate market conditions and consumer/business storage demand.
Key Facts
- The self-storage industry generates over $39 billion in annual revenue in the U.S.
- The U.S. has over 54,000 self-storage facilities, more than any other country.
- Self-storage space per capita in the U.S. is 7.3 square feet, the highest in the world.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by businesses that primarily rent out space for self-storage across all establishments and employer firms in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the performance and growth of the self-storage industry, which is an important indicator of commercial real estate activity and consumer/business demand for storage services.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by real estate investors, developers, and analysts to assess commercial real estate market conditions and consumer/business storage demand, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, as the information is collected through surveys of businesses.
Related Trends
Total Revenue for Telemarketing Bureaus and Other Contact Centers, Establishments Subject to Federal Income Tax, Employer Firms
REVEF561422TAXABL
Total Revenue for Continuing Care Retirement Communities, All Establishments, Employer Firms
REVEF623311ALLEST
Total Revenue for Monetary Authorities-Central Bank, Establishments Subject to Federal Income Tax
REV5211TAXABL144QNSA
Revenue from Households for Broadcasting (Except Internet), Establishments Subject to Federal Income Tax
HHD515TAXABL144QNSA
Expenses for Continuing Care Retirement Communities, All Establishments, Employer Firms
CCRCEAEEF3623311
Legal Services, Criminal Law for Legal Services, Establishments Subject To Federal Income Tax, Employer Firms
LSLSCLESTFI425411
Citation
U.S. Census Bureau, Total Revenue for Lessors of Miniwarehouses and Self-Storage Units, All Establishments, Employer Firms (REVEF53113ALLEST), retrieved from FRED.