Total Revenue for Amusement, Gambling, and Recreation Industries, Establishments Subject to Federal Income Tax
REV713TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,346.00
Year-over-Year Change
35.53%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures total revenue for amusement, gambling, and recreation industries that are subject to federal income tax. It provides insight into the financial health and performance of this important service 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 Amusement, Gambling, and Recreation Industries, Establishments Subject to Federal Income Tax series tracks quarterly revenue across a range of leisure and entertainment businesses. It is a key indicator of consumer spending and economic activity in the recreational services industry.
Methodology
The data is collected through quarterly surveys of businesses in the North American Industry Classification System (NAICS) code 713.
Historical Context
This revenue trend is closely monitored by policymakers, investors, and analysts to gauge consumer confidence and discretionary spending patterns.
Key Facts
- Quarterly data available since 1998.
- Covers NAICS code 713 establishments.
- Measures total taxable revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total taxable revenue generated by amusement, gambling, and recreation establishments that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides insight into consumer spending patterns and the overall financial health of the recreation and entertainment industry, which is an important component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of businesses classified under NAICS code 713.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this revenue trend to gauge consumer confidence and discretionary spending, which informs decisions around fiscal, monetary, and regulatory policy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months. There may also be revisions to historical data.
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Citation
U.S. Federal Reserve, Total Revenue for Amusement, Gambling, and Recreation Industries, Establishments Subject to Federal Income Tax (REV713TAXABL144QNSA), retrieved from FRED.