Total Revenue for Support Activities for Transportation, Establishments Subject to Federal Income Tax
REV488TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71,875.00
Year-over-Year Change
-19.03%
Date Range
1/1/2010 - 1/1/2025
Summary
This economic trend measures total revenue for establishments engaged in support activities for transportation, such as airport operations and freight transportation arrangement. It provides insights into the financial health and activity levels within the transportation services 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 Total Revenue for Support Activities for Transportation, Establishments Subject to Federal Income Tax series tracks the total sales and operating receipts of businesses classified under the North American Industry Classification System (NAICS) code 488, which covers a range of transportation support services. This data is a key indicator of the broader transportation and logistics sector.
Methodology
The data is collected through quarterly surveys of businesses by the U.S. Census Bureau.
Historical Context
This revenue trend is monitored by economists, policymakers, and industry analysts to assess the performance and outlook of the transportation services sector.
Key Facts
- This data covers a wide range of transportation support services, including freight transportation arrangement, port and harbor operations, and air traffic control.
- Quarterly revenue data is released with a 3-month lag.
- The transportation services sector accounts for around 3% of total U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue for businesses engaged in support activities for transportation, such as airport operations, freight transportation arrangement, and other logistics services.
Q: Why is this trend relevant for users or analysts?
A: This revenue data provides important insights into the financial health and activity levels of the broader transportation services industry, which is a key component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this revenue trend to assess the performance and outlook of the transportation services sector, which has important implications for trade, logistics, and broader economic activity.
Q: Are there update delays or limitations?
A: The data is released with a 3-month lag, so it does not provide real-time information on the current state of the transportation services industry.
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Citation
U.S. Federal Reserve, Total Revenue for Support Activities for Transportation, Establishments Subject to Federal Income Tax (REV488TAXABL144QNSA), retrieved from FRED.