Total Revenue for Architectural, Engineering, and Related Services, Establishments Subject to Federal Income Tax
REV5413TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120,712.00
Year-over-Year Change
25.09%
Date Range
7/1/2006 - 1/1/2025
Summary
This economic trend measures the total revenue generated by architectural, engineering, and related services establishments subject to federal income tax. It provides insights into the financial health and activity levels of these key professional services industries.
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 architectural, engineering, and related services represents the gross sales and receipts of businesses in these sectors. It serves as an important indicator of economic conditions and demand for professional design and consulting services across various industries and construction projects.
Methodology
The data is collected through quarterly surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the architecture, engineering, and construction-related service sectors.
Key Facts
- This trend represents over $300 billion in annual revenue.
- Revenues peaked in 2019 before declining due to the COVID-19 pandemic.
- The architecture and engineering services industry employs over 1.5 million workers in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by architectural, engineering, and related professional services establishments that are subject to federal income tax in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the financial health and activity levels of the architecture, engineering, and related professional services industries, which are crucial for construction, infrastructure, and economic development.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of U.S. businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the architecture, engineering, and construction-related service sectors, which have significant impacts on broader economic activity and employment.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Total Revenue for Architectural, Engineering, and Related Services, Establishments Subject to Federal Income Tax (REV5413TAXABL144QNSA), retrieved from FRED.