Revenue for Snack and Nonalcoholic Beverage Bars, Establishments Subject To Federal Income Tax, Employer Firms
SANBBRESTFI2722515 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63,963.00
Year-over-Year Change
101.34%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures revenue for snack and nonalcoholic beverage bar establishments that are subject to federal income tax and have employer firms. It provides insights into the performance and economic health of this segment of the food services 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 Revenue for Snack and Nonalcoholic Beverage Bars, Establishments Subject To Federal Income Tax, Employer Firms data series tracks total sales and receipts for bars and cafes that primarily serve snacks and non-alcoholic beverages. This metric is used by economists and policymakers to assess consumer demand and activity within the food services sector.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
This economic indicator helps inform decisions around fiscal and monetary policy, as well as investments and strategic planning within the food services industry.
Key Facts
- Snack and non-alcoholic beverage bars account for over $50 billion in annual revenue.
- This sector has seen steady growth over the past decade.
- Employer firms make up the majority of establishments in this industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue, sales, and receipts for snack and nonalcoholic beverage bar establishments that are subject to federal income tax and have employer firms.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer demand and the overall economic health of the food services industry, which is an important sector for the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to inform decisions around fiscal and monetary policy, as well as to assess the performance and outlook of the food services sector.
Q: Are there update delays or limitations?
A: There may be some lag in the data reporting, as it is collected through surveys. The series also only covers establishments subject to federal income tax and with employer firms, so it may not represent the entire snack and nonalcoholic beverage bar industry.
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Citation
U.S. Federal Reserve, Revenue for Snack and Nonalcoholic Beverage Bars, Establishments Subject To Federal Income Tax, Employer Firms (SANBBRESTFI2722515), retrieved from FRED.