Total Revenue for Advertising Agencies, All Establishments, Employer Firms
This dataset tracks total revenue for advertising agencies, all establishments, employer firms over time.
Latest Value
63832.00
Year-over-Year Change
106.78%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by advertising agencies in the United States. It provides valuable insights into the overall health and performance of the advertising 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 Advertising Agencies, All Establishments, Employer Firms' metric tracks the revenue from advertising services provided by U.S. advertising agencies. This data is used by economists, industry analysts, and policymakers to assess the broader advertising and marketing landscape.
Methodology
The data is collected through surveys of U.S. advertising agencies by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by both public and private sector stakeholders to understand the dynamics of the advertising industry and its impact on the broader economy.
Key Facts
- Advertising agencies generate over $300 billion in annual revenue in the U.S.
- The advertising industry employs over 500,000 people in the United States.
- Digital advertising accounts for more than half of total advertising revenue in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by advertising agencies in the United States, providing insights into the overall performance of the advertising industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by economists, industry analysts, and policymakers to understand the dynamics of the advertising industry and its impact on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. advertising agencies by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and government institutions to assess the health and growth of the advertising industry, which is a key sector of the economy.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Census Bureau, with a typical delay of 3-6 months.
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Citation
U.S. Federal Reserve, Total Revenue for Advertising Agencies, All Establishments, Employer Firms (REVEF54181ALLEST), retrieved from FRED.