Total Revenue for Other Amusement and Recreation Industries, Establishments Subject to Federal Income Tax
This dataset tracks total revenue for other amusement and recreation industries, establishments subject to federal income tax over time.
Latest Value
26710.00
Year-over-Year Change
73.55%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures total revenue for other amusement and recreation industries that are subject to federal income tax. It provides insight into the financial performance of the broader entertainment and leisure 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 total revenue for other amusement and recreation industries is an important indicator of consumer spending and demand for discretionary services. This data series tracks the quarterly sales of a diverse range of recreation businesses, excluding certain activities like gambling and sports teams.
Methodology
The data is collected through quarterly surveys of businesses by the U.S. Census Bureau.
Historical Context
This revenue trend is closely monitored by economists and policymakers to assess the health of the consumer economy.
Key Facts
- Covers a diverse range of recreational businesses, excluding gambling and sports teams.
- Provides insight into consumer demand for discretionary leisure activities.
- Tracked by economists to assess the health of the consumer economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by other amusement and recreation industries that are subject to federal income tax, excluding certain activities like gambling and sports teams.
Q: Why is this trend relevant for users or analysts?
A: This revenue trend is an important indicator of consumer spending and demand for discretionary leisure services, providing insight into the health of the broader entertainment and recreation sector.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This revenue trend is closely monitored by economists and policymakers to assess the strength of the consumer economy and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Total Revenue for Other Amusement and Recreation Industries, Establishments Subject to Federal Income Tax (REV7139TAXABL144QNSA), retrieved from FRED.