Total Revenue for Lessors of Miniwarehouses and Self-Storage Units, Establishments Subject to Federal Income Tax, Employer Firms
REVEF53113TAXABL • 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 establishments subject to federal income tax that are classified as lessors of miniwarehouses and self-storage units. It provides insights into the commercial real estate and storage services 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 Lessors of Miniwarehouses and Self-Storage Units, Establishments Subject to Federal Income Tax, Employer Firms metric tracks the revenue generated by businesses that operate storage facilities and rent out space to consumers and businesses. This data is used to analyze economic activity and trends in the commercial real estate and logistics industries.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This metric is relevant for policymakers, investors, and industry analysts seeking to understand the performance and outlook of the storage and logistics real estate market.
Key Facts
- The U.S. self-storage industry generated over $39 billion in revenue in 2021.
- The sector has experienced steady growth over the past decade.
- Demand for self-storage is driven by factors like residential mobility and business inventory needs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by U.S. businesses classified as lessors of miniwarehouses and self-storage units that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the performance and growth of the commercial real estate and logistics sectors, which are important for understanding broader economic conditions and consumer/business activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the health of the commercial real estate and logistics industries, which can inform decisions around economic and infrastructure policies.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of this data, as it is based on survey responses from businesses.
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Citation
U.S. Federal Reserve, Total Revenue for Lessors of Miniwarehouses and Self-Storage Units, Establishments Subject to Federal Income Tax, Employer Firms (REVEF53113TAXABL), retrieved from FRED.