Total Revenue for Telecommunications, All Establishments, Employer Firms
REVEF517ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
666,715.00
Year-over-Year Change
30.60%
Date Range
1/1/2002 - 1/1/2022
Summary
The 'Total Revenue for Telecommunications, All Establishments, Employer Firms' series measures the total revenue generated by telecommunications companies across the United States. This metric is a key indicator of the overall health and performance of the telecommunications 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
This data series tracks the total revenue reported by all telecommunications establishments with paid employees in the United States. It provides insight into the scale and economic impact of the telecommunications sector, which is a critical component of the nation's infrastructure and digital economy.
Methodology
The data is collected through surveys administered by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this trend to assess the growth and competitive dynamics of the telecommunications industry.
Key Facts
- The telecommunications industry generates over $1 trillion in annual revenue in the United States.
- Telecommunications revenue has grown steadily over the past decade, reflecting the increasing importance of digital technologies.
- The top telecommunications companies in the U.S. account for the majority of the industry's total revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by telecommunications companies with paid employees across the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the overall size and performance of the telecommunications industry, which is a critical component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys administered by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the growth and competitive dynamics of the telecommunications sector, which has significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is typically published with a few months' delay, and may not capture all telecommunications establishments, particularly smaller or newer firms.
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Citation
U.S. Federal Reserve, Total Revenue for Telecommunications, All Establishments, Employer Firms (REVEF517ALLEST), retrieved from FRED.