Total Revenue for Exterminating and Pest Control Services, Establishments Subject to Federal Income Tax, Employer Firms
REVEF56171TAXABL • 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 trend measures the total revenue for exterminating and pest control services establishments subject to federal income tax. It provides insight into the financial performance and economic activity of this key service 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, Establishments Subject to Federal Income Tax, Employer Firms series tracks the total revenue generated by U.S. businesses in this sector. It is a useful indicator of industry growth, consumer demand, and overall economic conditions.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This revenue trend is closely monitored by industry analysts, policymakers, and economists to assess the health of the pest control services market.
Key Facts
- Pest control is a $17 billion industry in the U.S.
- The industry employs over 150,000 workers nationwide.
- Revenue growth has averaged 4% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by U.S. businesses providing exterminating and pest control services that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides insight into the financial performance and economic activity of the pest control services industry, which is an important indicator of consumer demand and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This revenue trend is closely monitored by industry analysts, policymakers, and economists to assess the health of the pest control services market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical 2-3 month delay.
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Citation
U.S. Federal Reserve, Total Revenue for Exterminating and Pest Control Services, Establishments Subject to Federal Income Tax, Employer Firms (REVEF56171TAXABL), retrieved from FRED.