Greeting Cards for Greeting Card Publishers, All Establishments, Employer Firms
GCPGCAEEF4511191 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,196.00
Year-over-Year Change
-7.81%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the revenue of greeting card publishers, a key indicator of consumer demand and retail activity in the greeting card 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 Greeting Cards for Greeting Card Publishers, All Establishments, Employer Firms series tracks the monthly sales revenue of businesses that publish and distribute greeting cards and social stationery products in the United States.
Methodology
The data is collected through surveys of establishments in the greeting card publishing industry.
Historical Context
This metric is widely used by economists and industry analysts to assess the health of the retail and consumer sectors.
Key Facts
- Greeting card sales are a $7.5 billion industry in the U.S.
- Over 6.5 billion greeting cards are purchased each year in the United States.
- The greeting card industry employs over 30,000 people nationwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly sales revenue of businesses that publish and distribute greeting cards and social stationery products in the United States.
Q: Why is this trend relevant for users or analysts?
A: Greeting card sales are a key indicator of consumer demand and retail activity, making this trend relevant for economists, industry analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments in the greeting card publishing industry.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists and industry analysts to assess the health of the retail and consumer sectors, which is crucial for informing economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, but may have a lag of several weeks due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Greeting Cards for Greeting Card Publishers, All Establishments, Employer Firms (GCPGCAEEF4511191), retrieved from FRED.