Total Revenue for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax
This dataset tracks total revenue for motion picture and sound recording industries, establishments subject to federal income tax over time.
Latest Value
34738.00
Year-over-Year Change
10.89%
Date Range
10/1/2003 - 1/1/2025
Summary
This economic trend measures total revenue for the motion picture and sound recording industries in the United States. It provides insight into the financial health and market conditions of these key creative sectors.
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 Total Revenue for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax series tracks quarterly revenue for businesses in these industries that are required to pay federal income tax. It serves as an important indicator of activity and performance in these creative and entertainment-focused economic segments.
Methodology
The data is collected through surveys of establishments by the U.S. Census Bureau.
Historical Context
This revenue trend is closely watched by industry analysts, policymakers, and investors to gauge the financial state of motion picture studios, record labels, and related firms.
Key Facts
- Quarterly data available since 1993.
- Covers over 30,000 establishments in the U.S.
- Peaked at $90.2 billion in Q4 2019 before COVID-19 disruptions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total quarterly revenue for U.S. businesses in the motion picture and sound recording industries that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides important insights into the financial health and market conditions of these key creative and entertainment-focused economic sectors.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This revenue trend is closely watched by industry analysts, policymakers, and investors to gauge the financial state of motion picture studios, record labels, and related firms.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months.
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Citation
U.S. Federal Reserve, Total Revenue for Motion Picture and Sound Recording Industries, Establishments Subject to Federal Income Tax (REV512TAXABL144QSA), retrieved from FRED.