Total Revenue for Television Broadcasting, All Establishments, Employer Firms
REVEF51512ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,383.00
Year-over-Year Change
91.09%
Date Range
1/1/2002 - 1/1/2022
Summary
The 'Total Revenue for Television Broadcasting, All Establishments, Employer Firms' metric measures revenue generated by television broadcasting companies in the United States. This economic indicator provides insight into the overall health and performance of the television 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 series tracks total revenue for all television broadcasting establishments, including both employer and non-employer firms. It serves as an important barometer for analyzing trends in the television industry and consumer demand for television content and services.
Methodology
The data is collected by the U.S. Census Bureau through annual surveys of television broadcasting companies.
Historical Context
Economists and policymakers monitor this metric to assess the television industry's contribution to the broader economy and identify potential market shifts.
Key Facts
- The television broadcasting industry generated over $200 billion in revenue in the United States in 2021.
- Total revenue for the industry has grown by over 30% in the past decade.
- The COVID-19 pandemic temporarily disrupted revenue growth in 2020 but the industry has since rebounded.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total revenue generated by television broadcasting companies in the United States, including both employer and non-employer firms.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the overall health and performance of the television industry, which is a significant contributor to the broader economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through annual surveys of television broadcasting companies.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess the television industry's contribution to the economy and identify potential market shifts that may require policy interventions.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag, as it is collected through annual surveys of television broadcasting companies.
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Citation
U.S. Federal Reserve, Total Revenue for Television Broadcasting, All Establishments, Employer Firms (REVEF51512ALLEST), retrieved from FRED.