Total Revenue for Exterminating and Pest Control Services, All Establishments, Employer Firms
REVEF56171ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,466.00
Year-over-Year Change
127.30%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic indicator measures the total revenue generated by exterminating and pest control service providers in the United States. It serves as an important metric for analyzing the health and growth of this 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 Exterminating and Pest Control Services, All Establishments, Employer Firms trend provides insights into the overall financial performance of businesses that offer extermination and pest control services. This data point is valuable for economists and policymakers to assess the state of the service sector and consumer demand.
Methodology
The data is collected through surveys of businesses in the exterminating and pest control services industry.
Historical Context
This revenue trend is useful for tracking the economic conditions and consumer spending patterns in the pest control services market.
Key Facts
- The exterminating and pest control services industry generates over $15 billion in annual revenue.
- Pest control services are essential for both residential and commercial properties.
- Revenue in this sector is influenced by factors like housing construction, agricultural activity, and general economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by businesses that provide exterminating and pest control services in the United States.
Q: Why is this trend relevant for users or analysts?
A: This revenue trend provides insights into the financial health and growth of the exterminating and pest control services industry, which is an important part of the broader service sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the exterminating and pest control services industry.
Q: How is this trend used in economic policy?
A: This revenue trend is used by economists and policymakers to assess consumer spending patterns and the overall state of the service sector.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be lags or limitations in the reporting of some businesses.
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Citation
U.S. Federal Reserve, Total Revenue for Exterminating and Pest Control Services, All Establishments, Employer Firms (REVEF56171ALLEST), retrieved from FRED.