Sectoral Output Price Deflator for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States
IPUSN71395T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.90
Year-over-Year Change
-916.67%
Date Range
1/1/1988 - 1/1/2022
Summary
The Sectoral Output Price Deflator for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) measures price changes for the bowling center industry in the United States. This metric is important for economists and policymakers to gauge inflationary pressures and monitor the economic health of the recreation 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 Sectoral Output Price Deflator tracks the prices charged by producers in the bowling center industry. It serves as a key indicator of cost inflation and pricing power within this specific segment of the arts, entertainment, and recreation sector. Analysts use this data to assess broader economic trends and the performance of the recreation industry.
Methodology
This index is calculated by the U.S. Bureau of Labor Statistics based on surveyed price data from bowling centers.
Historical Context
The Sectoral Output Price Deflator provides insight into the pricing environment faced by businesses and consumers in the recreation industry, which is relevant for monetary and fiscal policymaking.
Key Facts
- The base year for this index is 2012 = 100.
- Bowling centers account for over $10 billion in annual revenue in the U.S.
- This metric tracks price changes for approximately 13,000 bowling establishments nationwide.
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output Price Deflator for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) measures price changes for the bowling center industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to gauge inflationary pressures and monitor the economic health of the recreation sector.
Q: How is this data collected or calculated?
A: This index is calculated by the U.S. Bureau of Labor Statistics based on surveyed price data from bowling centers.
Q: How is this trend used in economic policy?
A: The Sectoral Output Price Deflator provides insight into the pricing environment faced by businesses and consumers in the recreation industry, which is relevant for monetary and fiscal policymaking.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States (IPUSN71395T051000000), retrieved from FRED.