Total Revenue for Charter Bus Industry, All Establishments, Employer Firms
REVEF4855ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,226.00
Year-over-Year Change
46.33%
Date Range
1/1/2009 - 1/1/2022
Summary
The 'Total Revenue for Charter Bus Industry, All Establishments, Employer Firms' measures the total revenue generated by the charter bus industry, including all employer firms across the United States. This metric is a key indicator of economic activity and demand in the transportation 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
This series tracks the total revenue for establishments in the charter bus industry, which includes both school and intercity bus transportation services. The data provides insight into the overall performance and growth trends of this segment of the transportation services market.
Methodology
The data is collected through surveys of employer firms in the charter bus industry by the U.S. Census Bureau.
Historical Context
Policymakers and industry analysts use this metric to monitor the health and outlook of the charter bus sector and its contribution to the broader transportation and tourism industries.
Key Facts
- The charter bus industry generates over $12 billion in annual revenue.
- Revenue has grown by an average of 3% per year over the past decade.
- The industry employs over 150,000 people across the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by the charter bus industry, including all employer firms across the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall performance and growth trends of the charter bus transportation services market, which is a key indicator of economic activity and demand in the broader transportation sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms in the charter bus industry by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to monitor the health and outlook of the charter bus sector and its contribution to the broader transportation and tourism industries.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical 2-3 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Total Revenue for Charter Bus Industry, All Establishments, Employer Firms (REVEF4855ALLEST), retrieved from FRED.