Real Sectoral Output for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 71311) in the United States
IPUSN71311T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.20
Year-over-Year Change
-870.21%
Date Range
1/1/1988 - 1/1/2022
Summary
This economic trend measures the real output of amusement and theme parks in the United States, providing insights into the performance and health of the leisure and 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 Real Sectoral Output for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 71311) is an important indicator that tracks the inflation-adjusted production and economic activity of this specific industry within the broader arts, entertainment, and recreation sector.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production and capacity utilization measures.
Historical Context
This trend is closely monitored by economists and policymakers to assess consumer demand, business investment, and broader macroeconomic conditions.
Key Facts
- Amusement and theme parks account for a significant portion of the arts, entertainment, and recreation sector in the U.S. economy.
- This trend is a leading indicator of consumer spending on leisure activities and entertainment.
- Real output in the amusement and theme park industry is influenced by factors like disposable income, population demographics, and tourism.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) output or production of amusement and theme parks in the United States, a key component of the broader arts, entertainment, and recreation sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer demand, business investment, and the overall health of the leisure and entertainment industry, which is an important driver of economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production and capacity utilization measures.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess broader macroeconomic conditions, consumer spending patterns, and the performance of the leisure and entertainment sector.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with a typical lag of around one to two months from the reference period.
Related Trends
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Citation
U.S. Federal Reserve, Real Sectoral Output for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 71311) in the United States (IPUSN71311T011000000), retrieved from FRED.