Total Revenue for Interior Design Services, Establishments Subject to Federal Income Tax, Employer Firms
REVEF54141TAXABL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,278.00
Year-over-Year Change
192.36%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by interior design services establishments that are subject to federal income tax and have employer firms. It provides insights into the overall financial performance and economic activity within the interior design 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 interior design services establishments is an important indicator of the size and health of this specialized sector. It reflects the demand for design services and can be used to analyze industry trends, inform business strategies, and support policy decisions related to the interior design profession.
Methodology
The data is collected by the U.S. Census Bureau through surveys of employer firms in the interior design services industry.
Historical Context
Policymakers and industry analysts use this trend to monitor the economic conditions and growth potential of the interior design services sector.
Key Facts
- Interior design services establishments generated over $13 billion in total revenue in 2020.
- The interior design services industry employs over 300,000 people in the United States.
- Revenue in the interior design services sector has grown by 20% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by interior design services establishments that are subject to federal income tax and have employer firms.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the overall financial performance and economic activity within the interior design industry, which is an important indicator of demand for design services and can inform business strategies and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of employer firms in the interior design services industry.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to monitor the economic conditions and growth potential of the interior design services sector, which can inform policy decisions and support the industry's development.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be a delay of several months between the end of the reference period and the data release.
Related Trends
Total Revenue for Broadcasting (Except Internet), Establishments Subject to Federal Income Tax
REV515TAXABL144QNSA
Total Revenue for Commercial and Industrial Machinery and Equipment Excluding Automotive and Electronic Repair and Maintenance, All Establishments, Employer Firms
REVEF8113ALLEST
Total Revenue for General Medical and Surgical Hospitals, All Establishments
REV6221AMSA
Total Revenue for Fitness and Recreational Sports Centers, Establishments Exempt from Federal Income Tax, Employer Firms
REVEF71394TAXEPT
Total Revenue for Hospitals, Establishments Subject to Federal Income Tax
REV622TAXABL144QNSA
Medicaid (Fee for Service Only) for Home Health Care Services, All Establishments, Employer Firms
HHCSMFSOAE46216
Citation
U.S. Federal Reserve, Total Revenue for Interior Design Services, Establishments Subject to Federal Income Tax, Employer Firms (REVEF54141TAXABL), retrieved from FRED.