Total Revenue for Marinas, Establishments Subject to Federal Income Tax, Employer Firms

REVEF71393TAXABL • 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

This economic trend measures the total revenue for marinas, which are establishments subject to federal income tax and have employees. It provides insights into the financial performance and overall activity in 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

The total revenue for marinas, establishments subject to federal income tax, and employer firms is an important economic indicator that reflects the financial health and business conditions in the marina industry. It is used by economists, policymakers, and industry analysts to assess the economic trends and market dynamics within the recreational boating and marina sectors.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of businesses in the marina industry.

Historical Context

This trend is relevant for understanding the broader recreational boating and tourism markets, as well as the overall performance of the marina industry.

Key Facts

  • Marinas are a key part of the recreational boating industry.
  • Total revenue for marinas reflects consumer spending and economic activity.
  • Employer firms in the marina industry are subject to federal income tax.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total revenue generated by marinas that are subject to federal income tax and have employees. It provides insights into the financial performance and overall activity in the marina industry.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant for understanding the broader recreational boating and tourism markets, as well as the overall performance and financial health of the marina industry.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through surveys of businesses in the marina industry.

Q: How is this trend used in economic policy?

A: This trend is used by economists, policymakers, and industry analysts to assess the economic trends and market dynamics within the recreational boating and marina sectors, which can inform policy decisions and industry strategies.

Q: Are there update delays or limitations?

A: The data may be subject to periodic updates and revisions by the U.S. Census Bureau, and there may be some delay in the availability of the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Total Revenue for Marinas, Establishments Subject to Federal Income Tax, Employer Firms (REVEF71393TAXABL), retrieved from FRED.