Hours Worked for Transportation and Warehousing: Charter Bus Industry (NAICS 48551) in the United States
IPUIN48551L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.36
Year-over-Year Change
-21.74%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the hours worked in the charter bus industry, a key component of the transportation and warehousing sector. It provides insights into the level of activity and labor utilization within this important 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 Hours Worked for Transportation and Warehousing: Charter Bus Industry (NAICS 48551) in the United States is an economic indicator that tracks the total number of hours worked by employees in this specific industry. It serves as a proxy for the overall production and service levels within the charter bus segment of the transportation and warehousing sector.
Methodology
The data is collected through surveys of businesses in the charter bus industry and aggregated by the U.S. Federal Reserve.
Historical Context
This trend is closely monitored by economists and policymakers to gauge the health and performance of the transportation and logistics industry.
Key Facts
- The charter bus industry is a significant component of the broader transportation and warehousing sector.
- Hours worked is a key indicator of industry activity and labor utilization.
- The data is collected and published by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of hours worked by employees in the charter bus industry, which is part of the transportation and warehousing sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of activity and labor utilization within the charter bus industry, which is an important component of the broader transportation and logistics sector. It is closely monitored by economists and policymakers to gauge the health and performance of this industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the charter bus industry and aggregated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the performance and underlying conditions of the transportation and logistics industry, which is a crucial component of the broader economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but there may be occasional delays or limitations in data collection and reporting.
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Citation
U.S. Federal Reserve, Hours Worked for Transportation and Warehousing: Charter Bus Industry (NAICS 48551) in the United States (IPUIN48551L010000000), retrieved from FRED.