Total Revenue for Solid Waste Collection, All Establishments, Employer Firms
REVEF562111ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66,944.00
Year-over-Year Change
83.76%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue for solid waste collection, covering all employer firms in the United States. It provides important insights into the overall size and activity of the waste management 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 solid waste collection tracks the financial performance of businesses engaged in the collection and removal of waste and recyclable materials. This metric is a key indicator of economic conditions and demand for waste management services.
Methodology
The data is collected through surveys of U.S. businesses by the Census Bureau.
Historical Context
This trend is closely monitored by industry analysts, policymakers, and economists to assess the health of the waste management sector and broader economic activity.
Key Facts
- The waste management industry generated over $60 billion in revenue in the U.S. in 2021.
- Solid waste collection accounts for approximately 30% of the total waste management industry revenue.
- Revenue in the sector has grown steadily over the past decade, reflecting increasing demand for waste services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by U.S. businesses engaged in the collection and removal of solid waste and recyclable materials.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the financial performance and overall health of the waste management industry, which is a key indicator of broader economic activity and demand for environmental services.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts closely monitor this trend to assess the state of the waste management sector and its implications for economic growth, employment, and environmental policy.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Revenue for Solid Waste Collection, All Establishments, Employer Firms (REVEF562111ALLEST), retrieved from FRED.