Total Revenue for Consumer Goods Rental, Establishments Subject to Federal Income Tax
REV5322TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,029.00
Year-over-Year Change
3.02%
Date Range
1/1/2009 - 1/1/2025
Summary
This trend measures total revenue for consumer goods rental establishments subject to federal income tax. It provides insight into the health and activity of the consumer rental 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 Consumer Goods Rental, Establishments Subject to Federal Income Tax tracks the total sales and receipts generated by businesses that rent consumer goods to households. This metric is used by economists to gauge the strength of consumer demand and the rental services industry.
Methodology
The data is collected through quarterly surveys of businesses by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this trend to understand broader consumer spending patterns and the state of the rental market.
Key Facts
- Consumer rental revenue totaled $24.3 billion in Q4 2022.
- The rental industry accounts for over 2% of total U.S. retail sales.
- Consumer rental revenue has grown 7.2% annually on average since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by businesses that rent consumer goods like electronics, furniture, and appliances to households.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and spending patterns, as well as the overall health of the consumer rental industry.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of rental businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess broader consumer spending trends and the state of the rental market, which can inform economic and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Total Revenue for Consumer Goods Rental, Establishments Subject to Federal Income Tax (REV5322TAXABL144QNSA), retrieved from FRED.