Revenue Tons Originated, Class I Steam Railways, Total for United States
Q03062USQ455NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
331.20
Year-over-Year Change
55.27%
Date Range
1/1/1920 - 1/1/1943
Summary
This economic trend measures the total revenue tons originated by Class I steam railways in the United States. It is a key indicator of freight transportation 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
Revenue tons originated is a measure of the total tonnage of freight carried by Class I steam railways. It provides insight into the volume and trends of freight transportation, which is an important component of the broader economy.
Methodology
The data is collected and calculated by the U.S. Surface Transportation Board.
Historical Context
This trend is used by economists, policymakers, and industry analysts to assess the health and trajectory of the freight transportation sector.
Key Facts
- Class I railways are the largest freight railroads in the U.S.
- Freight transportation accounts for over 5% of U.S. GDP.
- Rail freight is a more energy-efficient mode of transportation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue tons of freight originated by Class I steam railways in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the volume and trends of freight transportation, which is an important component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Surface Transportation Board.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and industry analysts to assess the health and trajectory of the freight transportation sector.
Q: Are there update delays or limitations?
A: The data is published quarterly with some delay, but provides a comprehensive view of freight transportation activity.
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Citation
U.S. Federal Reserve, Revenue Tons Originated, Class I Steam Railways, Total for United States (Q03062USQ455NNBR), retrieved from FRED.