Revenue from Governments for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax
This dataset tracks revenue from governments for motion picture and sound recording industries, establishments subject to federal income tax over time.
Latest Value
-3.30
Year-over-Year Change
-237.50%
Date Range
1/1/2004 - 7/1/2013
Summary
This economic trend measures the total revenue received by the motion picture and sound recording industries from government sources, specifically for establishments subject to federal income tax. It provides insight into the financial relationship between these industries and the government.
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 from Governments for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax' metric tracks the revenue flow from government entities to businesses in the film and music production sectors that are required to pay federal income tax. This data point is useful for analyzing the role of government support and subsidies within these creative industries.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of these establishments.
Historical Context
This trend is relevant for policymakers, industry analysts, and investors to understand the degree of government involvement and support for the motion picture and sound recording sectors.
Key Facts
- This metric reflects revenue from federal, state, and local governments.
- The film and music industries rely on various government subsidies and tax incentives.
- Quarterly data is available from 1998 to the present.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue received by the motion picture and sound recording industries from government sources, specifically for establishments subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This data point is useful for analyzing the degree of government involvement and support for the film and music production sectors, which rely on various subsidies and tax incentives.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of these establishments.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and investors can use this trend to understand the financial relationship between the government and the motion picture and sound recording industries.
Q: Are there update delays or limitations?
A: Quarterly data is available from 1998 to the present, with no significant update delays.
Related News
U.S. Jobless Claims Spike, Followed By Decline, Layoffs Remain Low
U.S. Jobless Claims Spike and Decline: Insights into Labor Market Trends U.S. jobless claims recently spiked, only to decline soon after, highlighting interesting patterns in the labor market. At the heart of these shifts lies a tale of layoffs and employment dynamics that paint a picture of the U.S. economy's current state. These fluctuations in jobless claims explain broader economic metrics like the unemployment rate and employment rate. This overview offers a window into the complex interpl
U.S. Economy Weak in August, Retail Sales Show Potential Resilience
Resilient Retail: Analyzing August’s Economic Trends in U.S. Retail Sales Recent trends in U.S. retail sales offer an intriguing glimpse into economic resilience amidst the challenges of August. The retail sector demonstrated its strength, even as broader economic indicators painted a less optimistic picture. In August, consumer spending and the retail sector were noteworthy, providing insights into economic resilience and offering a beacon of optimism. This anomaly invites a closer look into c
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, Revenue from Governments for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax (GOV512TAXABL157QNSA), retrieved from FRED.