Arts, Entertainment and Recreation Earnings in Nebraska
NEEART • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
743,634.00
Year-over-Year Change
40.21%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Arts, Entertainment and Recreation Earnings in Nebraska' metric tracks average weekly earnings in this industry sector within the state of Nebraska. It is an important indicator of economic activity and consumer spending in the state's leisure and hospitality segment.
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
This series measures the average weekly earnings of production and nonsupervisory employees in the arts, entertainment, and recreation industry in Nebraska. It is used by economists and policymakers to assess the health and trends of this key component of the state's service-providing industries.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in this metric can inform analysis of Nebraska's tourism, consumer spending, and overall economic conditions.
Key Facts
- Nebraska's arts and entertainment sector employs over 25,000 workers.
- Average weekly earnings in this industry topped $600 in 2022.
- The sector has seen steady job growth of 2-3% annually in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average weekly earnings of production and nonsupervisory employees in the arts, entertainment, and recreation industry within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: Trends in arts and entertainment earnings are an important indicator of economic activity and consumer spending in Nebraska's leisure and hospitality sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric informs analysis of Nebraska's tourism industry, consumer spending patterns, and overall economic conditions, which can inform policymaking.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag, reflecting the time needed for collection and processing.
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Citation
U.S. Federal Reserve, Arts, Entertainment and Recreation Earnings in Nebraska (NEEART), retrieved from FRED.