Breakdown of Revenue by Type of Customer: Business for Travel Agencies, All Establishments, Employer Firms
RPCBUSEF561510ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,405.00
Year-over-Year Change
83.06%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the breakdown of revenue by type of customer for travel agencies, providing insights into the business-to-business revenue stream for the 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 Breakdown of Revenue by Type of Customer: Business for Travel Agencies, All Establishments, Employer Firms tracks the percentage of total revenue that travel agencies generate from business customers, as opposed to individual or leisure travelers.
Methodology
The data is collected through surveys of travel agencies and other establishments in the industry.
Historical Context
This trend is useful for analyzing the commercial focus and revenue sources of the travel agency sector.
Key Facts
- Travel agencies generate over 50% of their revenue from business customers.
- The business-to-business revenue share has remained relatively stable in recent years.
- Understanding revenue sources is crucial for travel agencies to manage their operations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total revenue that travel agencies generate from business customers, as opposed to individual or leisure travelers.
Q: Why is this trend relevant for users or analysts?
A: Tracking the business-to-business revenue share is important for understanding the commercial focus and revenue sources of the travel agency industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of travel agencies and other establishments in the industry.
Q: How is this trend used in economic policy?
A: This trend provides insights into the commercial dynamics of the travel agency sector, which can inform economic policies and regulations affecting the industry.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Breakdown of Revenue by Type of Customer: Business for Travel Agencies, All Establishments, Employer Firms (RPCBUSEF561510ALLEST), retrieved from FRED.