Sources of Revenue: Other Waste Management Services for All Other Waste Management Services, All Establishments, Employer Firms
This dataset tracks sources of revenue: other waste management services for all other waste management services, all establishments, employer firms over time.
Latest Value
5847.00
Year-over-Year Change
112.54%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures revenue sources for waste management services beyond basic waste collection, providing insight into the broader waste 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 'Sources of Revenue: Other Waste Management Services' metric tracks revenue from specialized waste management activities like hazardous waste disposal, remediation, and industrial cleaning. This data offers a comprehensive view of the waste services sector beyond just municipal refuse collection.
Methodology
The data is collected through surveys of waste management establishments by the U.S. Census Bureau.
Historical Context
This metric is useful for analyzing market trends and competitiveness in the waste services industry.
Key Facts
- Revenue from other waste services accounts for over $50 billion annually.
- The waste services sector employs more than 1 million workers in the U.S.
- Other waste services represent around 40% of total industry revenue.
FAQs
Q: What does this economic trend measure?
A: This metric tracks revenue sources for specialized waste management services beyond basic waste collection, such as hazardous waste disposal, remediation, and industrial cleaning.
Q: Why is this trend relevant for users or analysts?
A: This data provides a comprehensive view of the broader waste services industry, which is crucial for analyzing market trends, competitiveness, and economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of waste management establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and industry analysts to monitor the health and growth of the waste services sector, which is an important part of the broader economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a few months' delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Sources of Revenue: Other Waste Management Services for All Other Waste Management Services, All Establishments, Employer Firms (REVOWMEF56299ALLEST), retrieved from FRED.