Total Revenue for Music Publishers, All Establishments, Employer Firms
REVEF51223ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,124.00
Year-over-Year Change
79.72%
Date Range
1/1/2002 - 1/1/2022
Summary
The Total Revenue for Music Publishers, All Establishments, Employer Firms measures the total revenue generated by music publishing companies in the United States. This metric is important for analyzing trends in the music industry and can inform economic policymaking.
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 all music publishing establishments in the U.S. that operate as employer firms. It provides insight into the overall financial health and performance of the music publishing sector.
Methodology
The data is collected through surveys conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by industry analysts, investors, and policymakers to understand the economic conditions and outlook for the music publishing industry.
Key Facts
- The music publishing industry generated over $7 billion in total revenue in 2021.
- Music publishing revenue has grown by an average of 3% annually over the past decade.
- The U.S. has the largest music publishing market in the world.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by music publishing companies in the United States, including all establishments that operate as employer firms.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the financial performance and economic conditions of the music publishing industry, which is a key component of the broader music and entertainment sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this data to monitor the health and growth of the music publishing sector, which can inform decisions related to economic development, taxation, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Revenue for Music Publishers, All Establishments, Employer Firms (REVEF51223ALLEST), retrieved from FRED.