Total Revenue for Performing Arts, Spectator Sports, and Related Industries, All Establishments
REV711ALLEST144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42,840.00
Year-over-Year Change
38.89%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic indicator measures the total revenue generated by performing arts, spectator sports, and related industries in the United States on a quarterly basis. It provides insight into the financial health and consumer demand for these entertainment 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 Performing Arts, Spectator Sports, and Related Industries, All Establishments series tracks the overall sales and receipts for a wide range of entertainment and recreation businesses, including theaters, stadiums, amusement parks, and other leisure-focused establishments. This metric is closely watched by economists and policymakers to assess consumer spending patterns and the broader economic conditions affecting these industries.
Methodology
The data is collected through surveys of businesses in the relevant NAICS industry codes.
Historical Context
This revenue trend is used to monitor the performance of the entertainment and recreation sectors and their impact on the broader economy.
Key Facts
- Covers a wide range of leisure and recreation businesses
- Provides a barometer of consumer demand for entertainment
- Can signal broader economic conditions and consumer confidence
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by performing arts, spectator sports, and related entertainment industries in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and the overall health of the entertainment and recreation sectors, which are important contributors to the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the relevant NAICS industry codes.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this revenue trend to assess consumer demand, business conditions, and broader economic performance in the entertainment and recreation industries.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with some lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Total Revenue for Performing Arts, Spectator Sports, and Related Industries, All Establishments (REV711ALLEST144QNSA), retrieved from FRED.