Total Revenue for Motion Picture and Video Exhibition, Establishments Subject to Federal Income Tax, Employer Firms
REVEF51213TAXABL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,033.00
Year-over-Year Change
9.04%
Date Range
1/1/2002 - 1/1/2022
Summary
This economic trend measures the total revenue generated by U.S. motion picture and video exhibition establishments subject to federal income tax. It provides insight into the financial performance and health of the film exhibition 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
The Total Revenue for Motion Picture and Video Exhibition, Establishments Subject to Federal Income Tax, Employer Firms trend tracks the aggregate sales and receipts of movie theaters and other film exhibition businesses that file federal tax returns. This metric is used by economists and industry analysts to monitor the economic conditions and consumer demand in the cinema industry.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
This revenue trend is an important indicator for policymakers and investors analyzing the cinema and entertainment sectors.
Key Facts
- This trend covers approximately 80% of the U.S. motion picture and video exhibition industry.
- Total revenue for the industry reached a record high of $49.3 billion in 2019 before declining during the COVID-19 pandemic.
- Movie theater ticket sales account for the majority of this revenue metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by U.S. motion picture and video exhibition establishments that are subject to federal income tax, providing insight into the financial performance of the cinema industry.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric is an important indicator for economists, investors, and policymakers to monitor the economic conditions and consumer demand in the film exhibition sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This revenue trend is used by policymakers and analysts to assess the health and growth of the cinema and entertainment industries, which can inform decisions related to taxation, regulation, and economic support programs.
Q: Are there update delays or limitations?
A: There may be delays of several months in the release of this data due to the time required for businesses to report their financial information to the Census Bureau.
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Citation
U.S. Federal Reserve, Total Revenue for Motion Picture and Video Exhibition, Establishments Subject to Federal Income Tax, Employer Firms (REVEF51213TAXABL), retrieved from FRED.