Revenue Passengers Carried for United States
A030GBUSA430NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.75
Year-over-Year Change
-50.05%
Date Range
1/1/1911 - 1/1/1937
Summary
The 'Revenue Passengers Carried for United States' metric tracks the total number of revenue-generating passengers transported by airlines within the United States. This metric is a key indicator of air travel demand 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 represents the total number of revenue passengers carried on domestic flights within the United States. It is an important economic indicator used to gauge consumer and business travel patterns, which can reflect broader trends in the economy.
Methodology
The data is collected by the U.S. Bureau of Transportation Statistics through mandatory airline reporting.
Historical Context
Analysts and policymakers monitor this metric to assess the health of the aviation industry and broader economic conditions.
Key Facts
- Air travel is a major component of the U.S. economy.
- Passenger volumes reflect consumer and business spending patterns.
- The data is released monthly by the Bureau of Transportation Statistics.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of revenue-generating passengers transported by airlines within the United States.
Q: Why is this trend relevant for users or analysts?
A: It is an important indicator of air travel demand and can provide insights into broader economic conditions and consumer/business spending patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Transportation Statistics through mandatory airline reporting.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this metric to assess the health of the aviation industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Transportation Statistics with minimal delay.
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Citation
U.S. Federal Reserve, Revenue Passengers Carried for United States (A030GBUSA430NNBR), retrieved from FRED.