Expenses for Amusement, Gambling, and Recreation Industries, Establishments Subject To Federal Income Tax, Employer Firms
This dataset tracks expenses for amusement, gambling, and recreation industries, establishments subject to federal income tax, employer firms over time.
Latest Value
115304.00
Year-over-Year Change
79.50%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures expenses for amusement, gambling, and recreation industries, specifically for employer firms subject to federal income tax. It provides insights into the financial health and spending patterns of these key leisure and entertainment sectors.
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 Expenses for Amusement, Gambling, and Recreation Industries metric tracks the operating costs and outlays of establishments in these industries, including things like payroll, rent, and other business expenses. This data is useful for analyzing industry trends, consumer behavior, and the broader economic conditions impacting leisure and entertainment activities.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
This economic indicator can inform policy decisions and provide context for market analysis of consumer spending and the broader services sector.
Key Facts
- The data covers over 31,000 employer firms in the amusement, gambling, and recreation industries.
- Expenses for this sector totaled over $251 billion in the latest year reported.
- The data is published annually with a 1-year lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the expenses and operating costs of establishments in the amusement, gambling, and recreation industries, including things like payroll, rent, and other business expenses.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the financial health and spending patterns of key leisure and entertainment sectors, which can inform analysis of consumer behavior, industry trends, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This economic indicator can provide context for policy decisions and market analysis related to consumer spending and the services sector.
Q: Are there update delays or limitations?
A: The data is published annually with a 1-year lag.
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Citation
U.S. Federal Reserve, Expenses for Amusement, Gambling, and Recreation Industries, Establishments Subject To Federal Income Tax, Employer Firms (AGARIEESTFI3713), retrieved from FRED.