Railway Tax Accruals, Class I Railroads for United States
M03038USM133NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.70
Year-over-Year Change
-27.74%
Date Range
7/1/1907 - 11/1/1963
Summary
The Railway Tax Accruals, Class I Railroads for United States measure the total tax accruals for major U.S. railroad companies. This metric is important for analyzing the financial health and regulatory environment of the rail transportation sector.
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
This series represents the total tax liabilities accrued by Class I freight railroads operating in the United States. It provides insight into the tax burden faced by major rail carriers, which is a key factor in their profitability and investment decisions.
Methodology
The data is collected by the U.S. Federal Reserve from financial reports filed by Class I railroads.
Historical Context
Policymakers and industry analysts use this metric to understand the impact of tax policies on the rail transportation sector.
Key Facts
- Class I railroads account for over 90% of freight rail mileage in the U.S.
- Tax accruals represent a significant portion of rail industry expenses.
- This metric is reported on a monthly basis by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax liabilities accrued by major U.S. freight railroad companies, known as Class I railroads.
Q: Why is this trend relevant for users or analysts?
A: The tax burden faced by railroads is a key factor in their profitability and investment decisions, making this metric important for understanding the financial health and regulatory environment of the rail transportation sector.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve from financial reports filed by Class I railroads.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to understand the impact of tax policies on the rail transportation sector, which is a critical component of the U.S. logistics and supply chain infrastructure.
Q: Are there update delays or limitations?
A: This metric is reported on a monthly basis by the Federal Reserve, with minimal update delays.
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Citation
U.S. Federal Reserve, Railway Tax Accruals, Class I Railroads for United States (M03038USM133NNBR), retrieved from FRED.