Percent Loaded of Total Freight Car-Miles, Class I Railroads for United States
M03043USM156NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.60
Year-over-Year Change
-1.73%
Date Range
1/1/1920 - 12/1/1942
Summary
This trend measures the percentage of total freight car-miles that are loaded on Class I railroads in the United States. It provides insight into the utilization and efficiency of the freight rail network.
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 Percent Loaded of Total Freight Car-Miles, Class I Railroads for United States metric indicates the share of rail freight cars that are carrying cargo, as opposed to being moved empty. This statistic is used by economists and transportation analysts to gauge the productivity and capacity utilization of the U.S. freight rail system.
Methodology
The data is collected and reported monthly by the U.S. Federal Reserve.
Historical Context
This metric helps inform decisions around transportation infrastructure investment and rail industry regulation.
Key Facts
- Class I railroads account for over 90% of all freight rail mileage in the U.S.
- Loaded freight cars generate more revenue than empty cars for rail operators.
- Railroads aim to maximize the percentage of loaded freight car-miles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total freight car-miles on Class I railroads in the United States that are carrying cargo, as opposed to being moved empty.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productivity and efficiency of the U.S. freight rail network, which is crucial for transportation and logistics planning.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This metric helps inform decisions around transportation infrastructure investment and rail industry regulation.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with minimal delays.
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Citation
U.S. Federal Reserve, Percent Loaded of Total Freight Car-Miles, Class I Railroads for United States (M03043USM156NNBR), retrieved from FRED.