Total Revenue for Linen Supply, Establishments Subject to Federal Income Tax, Employer Firms
This dataset tracks total revenue for linen supply, establishments subject to federal income tax, employer firms over time.
Latest Value
5221.00
Year-over-Year Change
12.33%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by linen supply establishments subject to federal income tax. It provides insights into the financial performance and economic activity of this 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 Linen Supply, Establishments Subject to Federal Income Tax, Employer Firms series tracks the aggregate revenue collected by businesses that provide linen supply services and are required to pay federal income taxes. This metric is a key indicator of the overall size and financial health of the linen supply industry.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
Economists and policymakers use this trend to monitor the commercial linen services sector and its contribution to the broader economy.
Key Facts
- The linen supply industry generates over $10 billion in annual revenue.
- Linen supply services are a key input for hospitals, hotels, and other businesses.
- Revenue in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by linen supply establishments that are subject to federal income tax and have employees.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial performance and economic activity of the linen supply industry, which is an important service sector for many businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor the commercial linen services sector and its contribution to the broader economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Total Revenue for Linen Supply, Establishments Subject to Federal Income Tax, Employer Firms (REVEF812331TAXABL), retrieved from FRED.