Total Revenue for Greeting Card Publishers, All Establishments, Employer Firms
REVEF511191ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,601.00
Year-over-Year Change
-32.07%
Date Range
1/1/2002 - 1/1/2022
Summary
The Total Revenue for Greeting Card Publishers, All Establishments, Employer Firms measures the total revenue generated by greeting card publishing companies across the United States. This metric provides insight into the overall economic performance and trends within the greeting card industry.
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 data series tracks the total revenue earned by greeting card publishing businesses, including both large and small establishments. It is a key indicator of demand and market conditions for the greeting card industry, which is an important part of the broader retail and consumer goods sectors.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this trend to understand consumer spending patterns and the health of the retail industry.
Key Facts
- The greeting card publishing industry generates over $7 billion in annual revenue.
- Revenue has declined by 20% over the past decade due to the rise of digital communication.
- The top 4 greeting card companies account for over 90% of the total market.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total revenue earned by greeting card publishing companies across the United States, providing insight into the overall economic performance of the greeting card industry.
Q: Why is this trend relevant for users or analysts?
A: The total revenue for greeting card publishers is an important indicator of consumer spending patterns and the health of the retail industry, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to understand consumer spending trends and the overall performance of the retail sector, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Federal Reserve, but there may be some delays in reporting due to the survey-based data collection process.
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Citation
U.S. Federal Reserve, Total Revenue for Greeting Card Publishers, All Establishments, Employer Firms (REVEF511191ALLEST), retrieved from FRED.