Total Revenue for Passenger Car Rental and Leasing, Establishments Subject to Federal Income Tax
REV53211TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,744.00
Year-over-Year Change
17.16%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic indicator tracks total revenue for establishments engaged in passenger car rental and leasing, subject to federal income tax. It provides insights into a key segment of the transportation and logistics 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 Passenger Car Rental and Leasing metric represents the aggregate sales and service income for businesses that rent or lease passenger vehicles, excluding those not subject to federal taxes. This data is used by economists and policymakers to assess trends in consumer demand, business investment, and the broader transportation sector.
Methodology
The data is collected through surveys of a sample of U.S. businesses.
Historical Context
Analysts monitor this indicator to gauge economic conditions and consumer spending patterns.
Key Facts
- Measures revenue for businesses renting and leasing passenger vehicles.
- Includes only establishments subject to federal income tax.
- Provides insight into consumer demand and business investment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by U.S. establishments engaged in the rental and leasing of passenger cars, excluding those not subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer demand, business investment, and broader trends in the transportation and logistics industry, which are important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a sample of U.S. businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess the health of the transportation sector and consumer spending patterns, which can inform policy decisions related to infrastructure, taxation, and economic stimulus.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Revenue for Passenger Car Rental and Leasing, Establishments Subject to Federal Income Tax (REV53211TAXABL144QNSA), retrieved from FRED.