Orders for Freight Cars Placed by American Railroads for Domestic Use for United States
Q0627AUSQ559NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.50
Year-over-Year Change
100.51%
Date Range
1/1/1870 - 10/1/1924
Summary
This economic trend measures new orders placed by American railroads for freight cars to be used domestically. It serves as an important indicator of rail industry investment 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
The Orders for Freight Cars Placed by American Railroads for Domestic Use for United States metric tracks the volume of new freight car orders by U.S. railroads. It provides insight into rail industry capital expenditures and expectations for future freight demand.
Methodology
The data is collected through surveys of major American railroad companies.
Historical Context
This trend is closely watched by economists and policymakers as a barometer of industrial activity and transportation sector investment.
Key Facts
- Freight cars are a critical component of the U.S. rail infrastructure.
- New freight car orders reflect railroad expectations for future freight demand.
- This data series dates back to the 1960s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of new freight car orders placed by American railroads for domestic use. It serves as an indicator of rail industry investment and expectations for future freight transportation demand.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the capital expenditures and growth plans of the U.S. rail industry, which is a key component of the broader transportation and logistics sectors.
Q: How is this data collected or calculated?
A: The data is collected through direct surveys of major American railroad companies.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend as an indicator of industrial activity, transportation investment, and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with minimal delays, providing timely insight into freight car ordering trends.
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Citation
U.S. Federal Reserve, Orders for Freight Cars Placed by American Railroads for Domestic Use for United States (Q0627AUSQ559NNBR), retrieved from FRED.