Revenue from Households for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax

HHD512TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.40

Year-over-Year Change

-94.67%

Date Range

1/1/2004 - 10/1/2024

Summary

This economic trend measures revenue from households for the motion picture and sound recording industries, focusing on establishments subject to federal income tax. It provides insights into consumer demand and spending in these key creative 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 Revenue from Households for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax is a quarterly economic indicator that tracks revenue generated by households for products and services within these two entertainment industries. It helps analysts understand consumer behavior and spending patterns in these creative sectors.

Methodology

The data is collected and calculated by the U.S. Census Bureau through surveys of establishments subject to federal income tax.

Historical Context

This trend is used by economists, policymakers, and industry analysts to monitor the health and performance of the motion picture and sound recording industries.

Key Facts

  • Measured quarterly since 1987.
  • Covers both the motion picture and sound recording industries.
  • Focuses on establishments subject to federal income tax.

FAQs

Q: What does this economic trend measure?

A: This trend measures the revenue generated by households for products and services in the motion picture and sound recording industries, specifically focusing on establishments subject to federal income tax.

Q: Why is this trend relevant for users or analysts?

A: This trend provides valuable insights into consumer demand and spending patterns in these key creative sectors, which is important for economists, policymakers, and industry analysts to monitor.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau through surveys of establishments subject to federal income tax.

Q: How is this trend used in economic policy?

A: This trend is used by economists, policymakers, and industry analysts to monitor the health and performance of the motion picture and sound recording industries, which are important contributors to the overall economy.

Q: Are there update delays or limitations?

A: The data is reported quarterly, and there may be some delays in the release of the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Revenue from Households for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax (HHD512TAXABL157QNSA), retrieved from FRED.