Total Revenue for Landscaping Services, All Establishments, Employer Firms
REVEF56173ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130,672.00
Year-over-Year Change
174.09%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic indicator measures the total revenue generated by landscaping service providers across all employer establishments in the United States. It is a key metric for understanding the overall size and performance of the landscaping 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
The total revenue for landscaping services, all establishments, employer firms captures the combined sales and receipts of companies that provide landscape design, construction, and maintenance services. This data series is used by economists and policymakers to analyze trends in the landscaping industry and its contribution to the broader economy.
Methodology
The data is collected through surveys of employer establishments by the U.S. Census Bureau.
Historical Context
Trends in landscaping services revenue can provide insights into consumer and business spending patterns, as well as the overall health of the construction and real estate sectors.
Key Facts
- The landscaping services industry generates over $100 billion in annual revenue.
- Landscaping services account for approximately 1% of total U.S. economic output.
- The industry employs more than 1 million workers nationwide.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total revenue generated by landscaping service providers across all employer establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in landscaping services revenue can provide insights into consumer and business spending patterns, as well as the overall health of the construction and real estate sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze trends in the landscaping industry and its contribution to the broader economy.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but may be subject to revisions and updates from the source.
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Citation
U.S. Federal Reserve, Total Revenue for Landscaping Services, All Establishments, Employer Firms (REVEF56173ALLEST), retrieved from FRED.