Railway Equipment and Joint Facility Rents, Net, Class I Railroads for United States
M03060USM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.66
Year-over-Year Change
4.19%
Date Range
1/1/1917 - 8/1/1943
Summary
This economic trend measures the net rents paid by Class I railroads in the United States for railway equipment and joint facilities. It provides insight into the operating costs and profitability of the rail transportation 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 Railway Equipment and Joint Facility Rents, Net, Class I Railroads for United States indicator tracks the net amount of rent payments made by major U.S. railroad companies for leased equipment and shared infrastructure. This metric is closely monitored by economists and industry analysts to assess the financial health and efficiency of the rail transportation sector.
Methodology
The data is collected by the U.S. Federal Reserve through financial reporting by Class I railroad companies.
Historical Context
Policymakers and market participants use this trend to evaluate the operational and investment decisions of major rail carriers.
Key Facts
- Class I railroads are the largest freight railroads in the U.S.
- Rents paid for equipment and shared facilities are a significant operating cost for rail companies.
- The trend has declined overall since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net rents paid by Class I railroads in the United States for leased railway equipment and the use of joint facilities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the operating costs and profitability of the major U.S. rail transportation companies, which is valuable information for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through financial reporting by Class I railroad companies.
Q: How is this trend used in economic policy?
A: Policymakers and market participants use this trend to evaluate the operational and investment decisions of major rail carriers, which can inform transportation infrastructure policies and industry regulations.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to periodic revisions by the Federal Reserve.
Related Trends
Revenue and Non-Revenue Passenger-Miles, Domestic Airlines for United States
M03071USM429NNBR
Loaded Freight Car-Miles Per Train-Mile for United States
M03058USM256NNBR
Revenue Per Passenger-Mile, Class I Railroads for United States
M0310AUSM259NNBR
Revenue Transit Rides, Subway, Street Railways, and Buses for New York, NY
M030BBUS35620M430NNBR
Revenue Per Freight Ton-Mile, All Railroads for United States
A0303BUSA259NNBR
Operating Expenses, Maintenance and Equipment, Class I Railroads for United States
M03039USM144NNBR
Citation
U.S. Federal Reserve, Railway Equipment and Joint Facility Rents, Net, Class I Railroads for United States (M03060USM144NNBR), retrieved from FRED.