Total Revenue for Consumer Electronics and Appliances Rental, All Establishments, Employer Firms
This dataset tracks total revenue for consumer electronics and appliances rental, all establishments, employer firms over time.
Latest Value
9661.00
Year-over-Year Change
83.91%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by consumer electronics and appliances rental establishments in the United States. It provides valuable insights into consumer spending patterns and the overall health of the rental industry.
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 Consumer Electronics and Appliances Rental, All Establishments, Employer Firms trend tracks the aggregated sales and rental income of businesses that rent out consumer electronics, household appliances, and related equipment. This data is a key indicator of consumer demand and can inform economic analyses and policy decisions.
Methodology
The data is collected through surveys of rental establishments by the U.S. Census Bureau.
Historical Context
This trend is used by economists, policymakers, and industry analysts to assess consumer spending, gauge the rental market's performance, and inform investment and regulatory decisions.
Key Facts
- Rental revenue accounts for a significant portion of consumer electronics and appliances sales.
- The trend has shown steady growth in recent years, reflecting increased consumer demand.
- Fluctuations in this metric can signal changes in consumer confidence and household budgets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by consumer electronics and appliances rental establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer spending patterns and the overall health of the rental industry, which can inform economic analyses and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of rental establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and industry analysts to assess consumer spending, gauge the rental market's performance, and inform investment and regulatory decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. Census Bureau, but there may be occasional delays or revisions due to the survey process.
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Citation
U.S. Federal Reserve, Total Revenue for Consumer Electronics and Appliances Rental, All Establishments, Employer Firms (REVEF53221ALLEST), retrieved from FRED.