Revenue for RV (Recreational Vehicle) Parks and Recreational Camps, Establishments Subject To Federal Income Tax, Employer Firms
This dataset tracks revenue for rv (recreational vehicle) parks and recreational camps, establishments subject to federal income tax, employer firms over time.
Latest Value
8599.00
Year-over-Year Change
73.68%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures revenue for RV (Recreational Vehicle) parks and recreational camps that are subject to federal income tax and operate as employer firms. It provides insight into the financial performance and economic activity of this important tourism and hospitality sector.
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 Revenue for RV Parks and Recreational Camps metric tracks the total operating revenue generated by establishments in this industry. It is a key indicator of demand and financial health within the outdoor recreation and leisure travel markets.
Methodology
The data is collected through surveys by the U.S. Census Bureau as part of the Annual Business Survey.
Historical Context
This metric is closely watched by policymakers, investors, and industry analysts to assess the state of the RV and camping sectors and their contribution to the broader economy.
Key Facts
- RV parks and recreational camps generated over $18 billion in revenue in 2021.
- This industry employs over 150,000 people in the United States.
- Revenues have grown by over 30% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total operating revenue generated by RV parks and recreational camps that are subject to federal income tax and operate as employer firms.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the financial performance and economic activity of the outdoor recreation and leisure travel sectors, which are important contributors to the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys by the U.S. Census Bureau as part of the Annual Business Survey.
Q: How is this trend used in economic policy?
A: This metric is closely watched by policymakers, investors, and industry analysts to assess the state of the RV and camping sectors and their contribution to the broader economy.
Q: Are there update delays or limitations?
A: There can be a several month delay in the release of this data due to the survey collection and processing timeline.
Related News
Yield curve steepening benefits US value and small-cap stocks
The Steepening Yield Curve in Today's Economy The recent rise in the 10-year U.S. Treasury bond yield sparks renewed interest in its impact on the financial markets. A steepening yield curve, where the gap between short-term and long-term interest rates widens, is grabbing investors' attention. While it usually suggests a positive outlook for economic growth, the implications for different segments of the stock market, such as value and small-cap stocks, can be significant. This shift in the yi
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. economic landscape. Recent data 10-year Treasury yield. With economic growth on one side and inflation data on the other, it's essential to unpack these complex dynamics. By analyzing these factors, we gain insights into the Federal Reserve's role in shaping monetary policy and the consequential market implications. The Federal Reserve's policies, market v
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, Revenue for RV (Recreational Vehicle) Parks and Recreational Camps, Establishments Subject To Federal Income Tax, Employer Firms (RVPARCREST27212), retrieved from FRED.