Increases in Railroad Mileage Owned for United States
A0283AUSA374NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
462.00
Year-over-Year Change
-92.21%
Date Range
1/1/1891 - 1/1/1916
Summary
The 'Increases in Railroad Mileage Owned for United States' metric tracks the total railroad mileage owned and operated within the United States. This is a key indicator of the nation's transportation infrastructure and economic activity.
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 series measures the total miles of railroad track owned and operated by companies within the United States. It serves as an important barometer for the health and growth of the country's freight and passenger rail network, which is crucial for moving goods and people across the broader economy.
Methodology
The data is collected and published by the U.S. Federal Railroad Administration.
Historical Context
Policymakers and economists use this metric to assess the capacity and efficiency of the nation's rail infrastructure to support economic growth and regional development.
Key Facts
- U.S. railroad mileage peaked at over 254,000 miles in 1916.
- Rail freight transport accounts for over 40% of total U.S. freight ton-miles.
- The U.S. has the world's largest freight rail network.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total miles of railroad track owned and operated within the United States, providing insight into the nation's transportation infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The railroad mileage metric is an important indicator of the capacity and efficiency of the U.S. freight and passenger rail network, which is crucial for supporting economic growth and regional development.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Railroad Administration.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the state of the nation's rail infrastructure and its ability to support economic activity and growth.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delay, providing timely insights into the state of the U.S. railroad network.
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Citation
U.S. Federal Reserve, Increases in Railroad Mileage Owned for United States (A0283AUSA374NNBR), retrieved from FRED.