Total Revenue for Marinas, All Establishments, Employer Firms
REVEF71393ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,417.00
Year-over-Year Change
78.05%
Date Range
1/1/1998 - 1/1/2022
Summary
The 'Total Revenue for Marinas, All Establishments, Employer Firms' series measures the total revenue generated by marinas in the United States. This key economic indicator provides insights into the performance and activity levels of the marina 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
This series represents the total revenue, or sales, reported by all marina establishments in the U.S. that have one or more paid employees. It is an important metric for evaluating the overall health and economic contribution of the marina industry.
Methodology
The data is collected through surveys of marina businesses conducted by the U.S. Census Bureau.
Historical Context
This revenue data is used by policymakers, industry analysts, and economists to monitor trends in the marina sector and its role in the broader economy.
Key Facts
- Marinas generate over $10 billion in annual revenue.
- The marina industry employs more than 50,000 workers in the U.S.
- Revenue for marinas has grown by 20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total revenue generated by marinas in the United States, including all establishments with one or more paid employees.
Q: Why is this trend relevant for users or analysts?
A: This revenue data provides valuable insights into the overall performance and economic activity of the marina industry, which is an important component of the leisure and tourism sectors.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of marina businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this revenue data to monitor the health of the marina sector and its broader economic impact, informing decisions related to infrastructure, regulation, and support for the leisure and tourism industries.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be a lag of several months between the reporting period and the data release.
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Citation
U.S. Federal Reserve, Total Revenue for Marinas, All Establishments, Employer Firms (REVEF71393ALLEST), retrieved from FRED.