Total Revenue for Coastal and Great Lakes Freight Transportation, All Establishments, Employer Firms
REVEF483113ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,896.00
Year-over-Year Change
58.23%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures the total revenue generated by U.S. coastal and Great Lakes freight transportation establishments, providing insights into the health and activity of this critical logistics 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 Total Revenue for Coastal and Great Lakes Freight Transportation, All Establishments, Employer Firms indicator tracks the overall revenue earned by businesses involved in shipping freight via waterways, which is an important component of the broader transportation and logistics industry.
Methodology
The data is collected through surveys of U.S. freight transportation establishments.
Historical Context
This revenue trend is closely monitored by policymakers, economists, and industry analysts to assess the economic conditions and outlook for maritime freight transportation.
Key Facts
- This trend covers all U.S. establishments engaged in coastal and Great Lakes freight transportation.
- Revenue from this sector supports thousands of jobs and is a key indicator of supply chain health.
- Data is reported quarterly, providing timely insights into the maritime freight industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by U.S. establishments engaged in coastal and Great Lakes freight transportation, including businesses that ship cargo via waterways.
Q: Why is this trend relevant for users or analysts?
A: This revenue trend provides important insights into the economic conditions and outlook for the maritime freight transportation industry, which is a critical component of the broader logistics and supply chain landscape.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. freight transportation establishments.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this revenue trend to assess the health and activity of the maritime freight transportation sector, which has important implications for broader economic and trade policies.
Q: Are there update delays or limitations?
A: The data is reported quarterly, providing timely insights into the maritime freight industry, though there may be some lag in data availability.
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Citation
U.S. Federal Reserve, Total Revenue for Coastal and Great Lakes Freight Transportation, All Establishments, Employer Firms (REVEF483113ALLEST), retrieved from FRED.