Revenue From Electronic Sources for Educational Services, All Establishments, Employer Firms
ESRFESAEEF961 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,718.00
Year-over-Year Change
64.68%
Date Range
1/1/2017 - 1/1/2022
Summary
This economic trend measures revenue from electronic sources for educational services across all U.S. employer firms. It provides insight into the growing role of digital technology in the education 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
The Revenue from Electronic Sources for Educational Services metric tracks the total revenue that educational establishments, including schools, colleges, and training centers, derive from electronic or digital sources. This data offers valuable insights into the digitization of education and how it is impacting business models.
Methodology
The data is collected through surveys of U.S. employer firms in the educational services sector.
Historical Context
This trend is closely monitored by policymakers and industry analysts to understand the technological transformation of the education industry.
Key Facts
- The revenue from electronic sources for educational services has grown steadily over the past decade.
- Digital and online learning platforms have become increasingly important revenue streams for educational establishments.
- The COVID-19 pandemic accelerated the shift towards remote and digital education, further driving growth in electronic revenue sources.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue that educational establishments, such as schools, colleges, and training centers, derive from electronic or digital sources, providing insights into the digitization of the education industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by policymakers and industry analysts to understand the technological transformation of the education sector and the evolving business models of educational establishments.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. employer firms in the educational services sector.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the impact of digital technologies on the education industry and to inform policy decisions related to the regulation and support of online and remote learning platforms.
Q: Are there update delays or limitations?
A: The data is subject to the timelines and collection methods of the U.S. Federal Reserve, which may result in occasional update delays or limitations in coverage.
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Citation
U.S. Federal Reserve, Revenue From Electronic Sources for Educational Services, All Establishments, Employer Firms (ESRFESAEEF961), retrieved from FRED.