Hours Worked for Arts, Entertainment, and Recreation: Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures (NAICS 7114) in the United States
IPUSN7114L200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.86
Year-over-Year Change
13.54%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the number of hours worked by agents and managers for artists, athletes, entertainers, and other public figures in the United States. It provides insights into the labor market and productivity within the arts, entertainment, and recreation 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 Hours Worked for Arts, Entertainment, and Recreation: Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures (NAICS 7114) in the United States is a key indicator for analyzing employment and output trends in the creative and entertainment sectors. It is used by economists and policymakers to assess labor market dynamics and the overall health of the industry.
Methodology
The data is collected through surveys of businesses and establishments in the arts, entertainment, and recreation industry.
Historical Context
This trend is relevant for understanding the broader economic conditions and labor market trends in the creative and entertainment industries, which are important for policymakers and industry analysts.
Key Facts
- The arts, entertainment, and recreation industry employs over 2 million people in the U.S.
- The number of hours worked by agents and managers has increased by 15% over the past decade.
- The creative and entertainment sectors contribute over $800 billion annually to the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of hours worked by agents and managers for artists, athletes, entertainers, and other public figures in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor market and productivity within the arts, entertainment, and recreation industry, which is an important sector for the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the arts, entertainment, and recreation industry.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and industry analysts to understand the broader economic conditions and labor market trends in the creative and entertainment sectors.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be some delays in reporting due to the nature of the industry.
Related Trends
Employment for Arts, Entertainment, and Recreation: Independent Artists, Writers, and Performers (NAICS 71151) in the United States
IPUSN71151W010000000
Real Sectoral Output for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 71391) in the United States
IPUSN71391T010000000
Labor Compensation for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 71391) in the United States
IPUSN71391L020000000
Output per Worker for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 71391) in the United States
IPUSN71391W001000000
Sectoral Output for Arts, Entertainment, and Recreation: Gambling Industries (NAICS 7132) in the United States
IPUSN7132T301000000
Labor Productivity for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 713910) in the United States
IPUSN713910L000000000
Citation
U.S. Federal Reserve, Hours Worked for Arts, Entertainment, and Recreation: Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures (NAICS 7114) in the United States (IPUSN7114L200000000), retrieved from FRED.