Number of Messages Sent, Western Union Telegraph Company for United States
A0319AUSA579NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90,000.00
Year-over-Year Change
42.48%
Date Range
1/1/1867 - 1/1/1912
Summary
The Number of Messages Sent by the Western Union Telegraph Company for the United States measures the volume of telegraph communications in the U.S. over time. This trend provides insight into the historical usage of this key communications technology.
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 Number of Messages Sent by the Western Union Telegraph Company for the United States tracks the total number of telegrams sent domestically by the leading provider of this service. This data series serves as an indicator of communication activity and economic conditions.
Methodology
The data is collected directly from the records of the Western Union Telegraph Company.
Historical Context
Trends in telegraph usage are relevant for understanding the evolution of communication technologies and their impact on commerce and society.
Key Facts
- The telegraph was a revolutionary communication technology in the 19th century.
- Western Union was the dominant provider of telegraph services in the United States.
- Telegraph usage peaked in the late 1920s before being supplanted by newer technologies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of telegrams sent domestically by the Western Union Telegraph Company, the leading provider of telegraph services in the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in telegraph usage provide insight into the historical development of communication technologies and their impact on commerce and society.
Q: How is this data collected or calculated?
A: The data is collected directly from the records of the Western Union Telegraph Company.
Q: How is this trend used in economic policy?
A: Trends in telegraph usage can be used by economists and policymakers to understand the evolution of communication technologies and their influence on economic activity.
Q: Are there update delays or limitations?
A: The data series only covers the historical period when the telegraph was the primary means of long-distance communication in the United States.
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Citation
U.S. Federal Reserve, Number of Messages Sent, Western Union Telegraph Company for United States (A0319AUSA579NNBR), retrieved from FRED.