Total Operating Revenue of Railroads, Class I Railways for United States
M03016USM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
815.50
Year-over-Year Change
-1.20%
Date Range
7/1/1907 - 11/1/1963
Summary
This economic indicator tracks the total operating revenue of Class I railroads in the United States. It serves as an important barometer for the health and performance of the rail freight 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 Total Operating Revenue of Railroads, Class I Railways for United States metric measures the total operating income generated by the largest freight rail carriers in the country. It provides insight into the overall demand for rail transportation services and the financial viability of the rail freight sector.
Methodology
The data is collected and reported monthly by the U.S. Federal Railroad Administration.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the broader transportation and logistics markets.
Key Facts
- Class I railroads are the largest freight rail carriers in the U.S.
- Rail freight revenue accounts for a significant portion of total transportation sector earnings.
- Trends in rail revenue can signal broader economic conditions and trade activity.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total operating revenue generated by Class I railroads, which are the largest freight rail carriers in the United States.
Q: Why is this trend relevant for users or analysts?
A: Changes in rail freight revenue provide insight into the overall health and performance of the transportation and logistics industries, which are critical components of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Federal Railroad Administration.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the state of the transportation sector and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 1-2 month lag between the reporting period and public release.
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Citation
U.S. Federal Reserve, Total Operating Revenue of Railroads, Class I Railways for United States (M03016USM144NNBR), retrieved from FRED.