Hours Worked for Transportation and Warehousing: School and Employee Bus Transportation (NAICS 4854) in the United States
IPUIN4854L200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
304.22
Year-over-Year Change
14.34%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the hours worked in the school and employee bus transportation industry, a key component of the broader transportation and warehousing sector in the United States. It provides insight into the activity and labor demand within this specialized transportation segment.
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 Hours Worked for Transportation and Warehousing: School and Employee Bus Transportation (NAICS 4854) in the United States metric tracks the volume of labor inputs for businesses engaged in operating school and employee bus services. This data point is used by economists and policymakers to assess the health and underlying dynamics of the transportation industry.
Methodology
The data is collected through surveys of businesses in the school and employee bus transportation industry.
Historical Context
This trend is relevant for analyzing labor market conditions, transportation infrastructure needs, and the broader economic impacts of the education and commuting sectors.
Key Facts
- School and employee bus transportation is a specialized segment of the broader transportation and warehousing industry.
- The hours worked metric provides insight into labor demand and activity levels within this transportation subsector.
- Trends in this data can signal changes in education, commuting, and broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total hours worked in the school and employee bus transportation industry, which is a specialized segment of the broader transportation and warehousing sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into labor market conditions, transportation infrastructure needs, and the broader economic impacts of the education and commuting sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the school and employee bus transportation industry.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the health and underlying dynamics of the transportation industry, which has implications for infrastructure investment, labor market analysis, and broader economic planning.
Q: Are there update delays or limitations?
A: The data is subject to typical survey collection and reporting lags, but provides a timely and reliable indicator of activity in the school and employee bus transportation segment.
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Citation
U.S. Federal Reserve, Hours Worked for Transportation and Warehousing: School and Employee Bus Transportation (NAICS 4854) in the United States (IPUIN4854L200000000), retrieved from FRED.