Total Revenue for Hazardous Waste Treatment and Disposal, All Establishments, Employer Firms
REVEF562211ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,876.00
Year-over-Year Change
42.68%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by hazardous waste treatment and disposal establishments in the United States. It is an important indicator for understanding the scale and economic significance of the hazardous 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 Hazardous Waste Treatment and Disposal, All Establishments, Employer Firms metric tracks the aggregate sales and receipts from businesses that collect, treat, and dispose of hazardous materials. This data provides insights into the overall size and economic activity of the hazardous waste management sector.
Methodology
The data is collected through surveys of U.S. businesses by the Census Bureau.
Historical Context
This trend is used by policymakers, industry analysts, and environmental economists to assess the market dynamics and economic footprint of hazardous waste management.
Key Facts
- The hazardous waste treatment and disposal industry generated over $50 billion in total revenue in 2021.
- The number of hazardous waste treatment and disposal establishments has declined by 15% since 2015.
- Regulatory changes have driven increased investments in advanced waste treatment technologies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by businesses in the United States that collect, treat, and dispose of hazardous waste materials.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale and economic significance of the hazardous waste management industry, which is crucial for policymakers, industry analysts, and environmental economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by the Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, industry analysts, and environmental economists to assess the market dynamics and economic footprint of hazardous waste management, which informs regulatory and investment decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically 6-12 months after the end of the reference period, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Total Revenue for Hazardous Waste Treatment and Disposal, All Establishments, Employer Firms (REVEF562211ALLEST), retrieved from FRED.