Total Revenue for Dry-Cleaning and Laundry Services Excluding Coin-Operated, Establishments Subject to Federal Income Tax, Employer Firms
REVEF81232TAXABL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,847.00
Year-over-Year Change
6.47%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic indicator measures the total revenue generated by dry-cleaning and laundry services, excluding coin-operated establishments, that are subject to federal income tax and operate as employer firms.
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 Dry-Cleaning and Laundry Services Excluding Coin-Operated, Establishments Subject to Federal Income Tax, Employer Firms data provides insights into the overall financial health and activity within this sector of the U.S. economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of employer firms in this industry.
Historical Context
This metric is used by economists and policymakers to analyze trends in the dry-cleaning and laundry services industry.
Key Facts
- This metric excludes coin-operated establishments.
- The data only includes firms subject to federal income tax.
- Employer firms are the focus of this indicator.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total revenue generated by dry-cleaning and laundry services, excluding coin-operated establishments, that are subject to federal income tax and operate as employer firms.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health and activity within the dry-cleaning and laundry services industry, which is an important component of the broader service sector.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of employer firms in this industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze trends in the dry-cleaning and laundry services industry, which can inform economic and industry-specific policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and updates due to the survey-based nature of this indicator.
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Citation
U.S. Federal Reserve, Total Revenue for Dry-Cleaning and Laundry Services Excluding Coin-Operated, Establishments Subject to Federal Income Tax, Employer Firms (REVEF81232TAXABL), retrieved from FRED.