Sources of Revenue: Credit Card Income from Businesses and Governments for Credit Intermediation and Related Activities, All Establishments, Employer Firms
REVCIBEF522ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,065.00
Year-over-Year Change
31.43%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the total credit card income received by businesses and governments for credit intermediation and related activities. It provides insights into the revenue generation and financial health of the credit and lending sector.
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 Sources of Revenue: Credit Card Income from Businesses and Governments for Credit Intermediation and Related Activities, All Establishments, Employer Firms trend tracks the revenue generated by credit card usage in the credit intermediation industry. This data is used by economists and policymakers to assess the broader health and trends within the lending and financial services sectors.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and government entities.
Historical Context
This trend is closely monitored by financial analysts, policymakers, and regulators to gauge activity and growth in the credit and lending markets.
Key Facts
- The trend reached a peak in 2019 before declining during the COVID-19 pandemic.
- Credit card income represents a significant revenue stream for businesses and governments in the lending sector.
- Changes in this trend can indicate shifts in consumer and business borrowing and spending patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total credit card income received by businesses and governments for credit intermediation and related activities, providing insights into the revenue generation of the credit and lending sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by financial analysts, policymakers, and regulators to gauge activity and growth in the credit and lending markets, which are crucial to the broader economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and government entities.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the health and trends within the lending and financial services sectors, which informs policy decisions and market regulations.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Sources of Revenue: Credit Card Income from Businesses and Governments for Credit Intermediation and Related Activities, All Establishments, Employer Firms (REVCIBEF522ALLEST), retrieved from FRED.