Purchased Repairs and Maintenance to Transportation Equipment for Transit and Ground Passenger Transportation, All Establishments, Employer Firms
EXPRTEEF485ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
676.00
Year-over-Year Change
0.00%
Date Range
1/1/2012 - 1/1/2012
Summary
This economic indicator measures spending on repairs and maintenance for transportation equipment used in transit and ground passenger transportation. It provides insights into the operational and maintenance costs of the public transportation 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 Purchased Repairs and Maintenance to Transportation Equipment for Transit and Ground Passenger Transportation metric tracks expenditures by all establishments, including employer firms, on repairing and maintaining vehicles and other transportation equipment used for public transit and passenger transportation services.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
This indicator is used by economists and policymakers to assess the operational health and investment needs of the public transportation sector.
Key Facts
- Covers all establishments, including employer firms.
- Measures spending on repairs and maintenance for transportation equipment.
- Provides insights into the operational costs of the public transit industry.
FAQs
Q: What does this economic trend measure?
A: This indicator measures spending on repairs and maintenance for transportation equipment used in transit and ground passenger transportation services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the operational health and investment needs of the public transportation sector, which is crucial for infrastructure planning and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess the financial health and investment requirements of the public transportation industry, informing infrastructure spending and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the timelines and methodologies of the U.S. Census Bureau surveys.
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Citation
U.S. Federal Reserve, Purchased Repairs and Maintenance to Transportation Equipment for Transit and Ground Passenger Transportation, All Establishments, Employer Firms (EXPRTEEF485ALLEST), retrieved from FRED.