Total Revenue for School and Employee Bus Transportation, All Establishments, Employer Firms
REVEF4854ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,262.00
Year-over-Year Change
42.12%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures the total revenue generated by school and employee bus transportation companies across all U.S. establishments. It provides insights into the financial performance and demand for these essential transportation services.
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 School and Employee Bus Transportation, All Establishments, Employer Firms' series tracks the aggregated revenue of businesses that operate school buses, employee shuttles, and other bus transportation services. This metric is a key indicator of activity and economic health within the passenger transportation industry.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
Policymakers and industry analysts use this trend to monitor the financial state of the passenger transportation sector and its role in supporting education, employment, and community mobility.
Key Facts
- Revenue totaled $22.7 billion in 2020.
- The industry employs over 500,000 people.
- Bus transportation is a vital service for schools and workplaces.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by businesses that provide school bus, employee shuttle, and other passenger bus transportation services across the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of activity and financial health within the passenger transportation industry, which plays a crucial role in supporting education, employment, and community mobility.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to monitor the financial state of the passenger transportation sector and its contribution to the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, and may have a time lag compared to real-time economic conditions.
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Citation
U.S. Census Bureau, Total Revenue for School and Employee Bus Transportation, All Establishments, Employer Firms (REVEF4854ALLEST), retrieved from FRED.