Total Coaching Train-Hours for Great Britain
M03086GBM568NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,544.00
Year-over-Year Change
-1.72%
Date Range
1/1/1920 - 12/1/1931
Summary
The 'Total Coaching Train-Hours for Great Britain' metric measures the total number of hours that passenger rail coaches operated in Great Britain. This key transportation indicator provides insights into the country's rail usage and economic activity.
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 economic series tracks the total hours that passenger rail coaches were in operation within Great Britain. It serves as an important proxy for measuring demand and utilization of the national rail network, which is crucial for both passenger and freight transportation.
Methodology
The data is collected by the Office of Rail and Road through direct reporting from rail operators.
Historical Context
Policymakers and analysts use this metric to gauge the health and performance of the British transportation and logistics sectors.
Key Facts
- Passenger rail is a major mode of transportation in Great Britain.
- Train-hours is a key indicator of rail network utilization and capacity.
- The data is reported monthly by the Office of Rail and Road.
FAQs
Q: What does this economic trend measure?
A: The 'Total Coaching Train-Hours for Great Britain' metric measures the total number of hours that passenger rail coaches were in operation within the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the demand and utilization of Great Britain's national rail network, which is crucial for both passenger and freight transportation.
Q: How is this data collected or calculated?
A: The data is collected by the Office of Rail and Road through direct reporting from rail operators.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the health and performance of the British transportation and logistics sectors.
Q: Are there update delays or limitations?
A: The data is reported monthly, so there may be a short delay in the most recent figures.
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Citation
U.S. Federal Reserve, Total Coaching Train-Hours for Great Britain (M03086GBM568NNBR), retrieved from FRED.