Total Revenue for Taxi Service, All Establishments, Employer Firms
REVEF48531ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,721.00
Year-over-Year Change
891.44%
Date Range
1/1/2009 - 1/1/2022
Summary
The 'Total Revenue for Taxi Service, All Establishments, Employer Firms' trend measures the total revenue generated by taxi service businesses in the United States. This metric is important for tracking the economic performance and activity levels within the taxi 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
This economic indicator represents the total revenue earned by taxi service establishments in the U.S. that have paid employees. It provides insights into the overall demand and financial health of the taxi industry, which is a key component of the broader transportation and logistics sectors.
Methodology
The data is collected through surveys of U.S. businesses by the Census Bureau.
Historical Context
Policymakers and industry analysts monitor this trend to assess the state of the taxi services market and its role in the broader economy.
Key Facts
- Taxi services are a key component of urban transportation infrastructure.
- Revenue data provides insights into industry trends and consumer demand.
- The taxi industry has faced disruption from ride-sharing services in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'Total Revenue for Taxi Service, All Establishments, Employer Firms' metric tracks the total revenue generated by U.S. businesses providing taxi services that have paid employees.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers insights into the overall financial health and economic activity levels of the taxi industry, which is an important component of the broader transportation and logistics sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to assess the state of the taxi services market and its role in the broader economy.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and may not capture revenue from non-employer taxi service firms.
Related Trends
Expenses for Drafting, Building Inspection, and Mapping Services, All Establishments, Employer Firms
DBIAMSEAEEF35413X
Total Revenue for General Freight Trucking, Long-Distance, Less Than Truckload, Establishments Subject to Federal Income Tax, Employer Firms
REVEF484122TAXABL
TSSOS Current Revenue; Diffusion Index for Texas
TSSOSREVSAMFRBDAL
Total Revenue for Marinas, Establishments Subject to Federal Income Tax, Employer Firms
REVEF71393TAXABL
Total Revenue for Marketing Research and Public Opinion Polling, All Establishments, Employer Firms
REVEF54191ALLEST
Total Revenue for Other Ambulatory Health Care Services, Establishments Exempt from Federal Income Tax
REV6219TAXEPT144QNSA
Citation
U.S. Federal Reserve, Total Revenue for Taxi Service, All Establishments, Employer Firms (REVEF48531ALLEST), retrieved from FRED.