Employment for Arts, Entertainment, and Recreation: Arts and Sports Promoters and Agents and Managers for Public Figures (NAICS 7113) in the United States
IPUSN7113W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
195.60
Year-over-Year Change
64.65%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the arts, entertainment, and recreation industry, specifically for arts and sports promoters and agents and managers for public figures. It provides insight into the labor market and economic activity in the entertainment sector.
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 employment data for NAICS code 7113, which covers arts and sports promoters and agents and managers for public figures, is an important indicator of economic conditions and demand in the entertainment industry. This trend can be used to analyze trends in the labor market and gauge the overall health of the arts, entertainment, and recreation sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for policymakers, economists, and industry analysts to assess the performance and outlook of the entertainment sector.
Key Facts
- The arts, entertainment, and recreation sector accounts for over 2 million jobs in the U.S.
- Employment in NAICS 7113 has experienced volatility due to the COVID-19 pandemic.
- The entertainment industry is a significant contributor to the U.S. economy, generating over $1 trillion in annual economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the arts, entertainment, and recreation industry, specifically for arts and sports promoters and agents and managers for public figures (NAICS 7113).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the labor market and economic activity in the entertainment sector, which is an important part of the U.S. economy. It can be used to analyze trends and assess the overall health of the arts, entertainment, and recreation industry.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for policymakers, economists, and industry analysts to assess the performance and outlook of the entertainment sector, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential revisions of the Current Employment Statistics (CES) survey.
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Citation
U.S. Federal Reserve, Employment for Arts, Entertainment, and Recreation: Arts and Sports Promoters and Agents and Managers for Public Figures (NAICS 7113) in the United States (IPUSN7113W200000000), retrieved from FRED.