Total Admissions Revenue for Spectator Sports, Establishments Subject to Federal Income Tax
ADM7112TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,391.00
Year-over-Year Change
9.39%
Date Range
4/1/2009 - 1/1/2025
Summary
This economic trend measures total admissions revenue for spectator sports establishments subject to federal income tax. It provides insight into consumer spending and demand for live entertainment events.
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 Spectator Sports, Establishments Subject to Federal Income Tax series tracks quarterly revenue from ticket sales and other admissions fees for professional and college sports teams, concerts, and other live entertainment venues that report taxable income.
Methodology
The data is collected through surveys by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists and policymakers to gauge the health of the entertainment and recreation industries.
Key Facts
- Quarterly data available from 1998 to present.
- Highest recorded value was $10.3 billion in Q4 2019.
- Declined sharply in 2020 due to COVID-19 event cancellations.
FAQs
Q: What does this economic trend measure?
A: This metric tracks total quarterly revenue from ticket sales and other admissions fees for spectator sports, concerts, and other live entertainment events that report taxable income.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer spending and demand for live entertainment, which is an important indicator of economic health and consumer confidence.
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: Economists and policymakers closely monitor this metric to gauge the performance of the entertainment and recreation industries, which can inform decisions around economic stimulus, tax policy, and industry regulation.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Total Admissions Revenue for Spectator Sports, Establishments Subject to Federal Income Tax (ADM7112TAXABL144QNSA), retrieved from FRED.