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
-0.20
Year-over-Year Change
-99.57%
Date Range
4/1/2009 - 4/1/2024
Summary
The 'Total Revenue for Other Amusement and Recreation Industries, Establishments Subject to Federal Income Tax' trend measures the total revenue generated by establishments in the amusement and recreation industries, excluding certain sectors like casinos and gambling. This data is an important indicator of consumer spending and economic activity in the leisure and hospitality 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
This economic indicator tracks the total revenue reported by establishments classified under the 'Other Amusement and Recreation Industries' category, which includes activities like fitness centers, bowling alleys, golf courses, and various recreational services. It provides insight into the performance and demand trends for these types of leisure and entertainment businesses.
Methodology
The data is collected through annual surveys of establishments subject to federal income tax.
Historical Context
This revenue trend is closely watched by economists, policymakers, and industry analysts to gauge consumer behavior and the overall health of the recreation and leisure sector.
Key Facts
- Measured in billions of U.S. dollars
- Covers a wide range of recreational activities
- Reflects consumer discretionary spending patterns
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by establishments in the 'Other Amusement and Recreation Industries' category, which includes fitness centers, bowling alleys, golf courses, and other leisure and entertainment businesses.
Q: Why is this trend relevant for users or analysts?
A: This revenue data provides important insights into consumer spending and the overall health of the recreation and leisure sector, which is a key part of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through annual surveys of establishments subject to federal income tax.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this revenue trend to gauge consumer behavior and the performance of the leisure and hospitality industry, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is released on an annual basis with a delay, so it may not reflect the most current economic conditions.
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Citation
U.S. Federal Reserve, Total Revenue for Other Amusement and Recreation Industries, Establishments Subject to Federal Income Tax (REV7139TPSA), retrieved from FRED.