Revenue from Governments for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax
GOV512TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
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.
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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.