Real Sectoral Output for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
IPUIN482111T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.60
Year-over-Year Change
0.00%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the real output of line-haul railroads, a critical component of the U.S. transportation and warehousing sector. It provides insight into the productivity and performance of this vital infrastructure.
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 Real Sectoral Output for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States tracks the real (inflation-adjusted) volume of output from the railroad transportation industry. This metric is used by economists and policymakers to assess the health and efficiency of the country's freight rail system.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on production and sales information from railroad companies.
Historical Context
Trends in this metric are closely monitored for their implications on the broader economy, trade, and infrastructure policy.
Key Facts
- Railroads move over 40% of U.S. freight by ton-miles.
- The rail industry employs over 200,000 workers.
- The U.S. has the world's largest rail network, with over 140,000 miles of track.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the line-haul railroad industry, which is a key component of the U.S. transportation and warehousing sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in railroad output provide important insights into the productivity and performance of this critical transportation infrastructure, with implications for the broader economy, trade, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on production and sales information from railroad companies.
Q: How is this trend used in economic policy?
A: Movements in this metric are closely monitored by economists and policymakers to assess the health of the freight rail system and its impact on the broader economy, trade, and infrastructure policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may be subject to revisions and delays due to the complexity of collecting information from railroad companies.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States (IPUIN482111T011000000), retrieved from FRED.