Total Revenue for Armored Car Services, All Establishments, Employer Firms
This dataset tracks total revenue for armored car services, all establishments, employer firms over time.
Latest Value
4162.00
Year-over-Year Change
81.67%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by armored car services across all U.S. establishments with paid employees. It provides insight into the overall financial performance and activity levels of this specialized transportation 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 Armored Car Services, All Establishments, Employer Firms metric tracks the aggregate sales and income of companies that provide secure transportation and cash management services. This data point is a key indicator of demand and growth in the armored car services sector.
Methodology
The U.S. Census Bureau collects this data annually through surveys of employer firms in the relevant NAICS industry code.
Historical Context
Analysts and policymakers monitor this trend to gauge the financial health and market conditions for the armored car services industry.
Key Facts
- Armored car services are a $3 billion industry in the U.S.
- The industry employs over 70,000 workers nationwide.
- Revenues have grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total revenue generated by U.S. establishments that provide armored car and cash transportation services.
Q: Why is this trend relevant for users or analysts?
A: The total revenue for armored car services is an important indicator of demand and financial performance in this specialized transportation industry.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau surveys employer firms in the armored car services industry to compile this annual data.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess market conditions and financial health in the armored car services sector.
Q: Are there update delays or limitations?
A: This data is published annually with a 1-year lag by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Total Revenue for Armored Car Services, All Establishments, Employer Firms (REVEF561613ALLEST), retrieved from FRED.