Total Admissions Revenue for Performing Arts Companies, Establishments Subject to Federal Income Tax
ADM7111TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,638.00
Year-over-Year Change
136.71%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures total admissions revenue for performing arts companies that are subject to federal income tax. It provides insights into the financial health and audience demand for the performing arts 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 Admissions Revenue for Performing Arts Companies, Establishments Subject to Federal Income Tax trend represents the total revenue generated from ticket sales and admissions for tax-paying performing arts organizations, such as theaters, dance companies, and music venues. This metric is a key indicator of consumer spending and attendance patterns in the performing arts sector.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau through surveys of performing arts companies.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and arts organizations to assess the economic viability and accessibility of the performing arts in the United States.
Key Facts
- Performing arts companies generate over $30 billion in annual admissions revenue.
- Ticket sales account for over 60% of total revenue for the performing arts industry.
- The performing arts sector employs more than 5.1 million people in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total admissions revenue generated by performing arts companies in the United States that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health and audience demand for the performing arts industry, which is an important cultural and economic sector.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau through surveys of performing arts companies.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and arts organizations use this trend to assess the economic viability and accessibility of the performing arts in the United States.
Q: Are there update delays or limitations?
A: The data is reported quarterly, with a typical 1-2 month delay in publication.
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Citation
U.S. Federal Reserve, Total Admissions Revenue for Performing Arts Companies, Establishments Subject to Federal Income Tax (ADM7111TAXABL144QNSA), retrieved from FRED.