Total Revenue for Media Representatives, All Establishments, Employer Firms
REVEF54184ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,263.00
Year-over-Year Change
978.31%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures total revenue for media representatives, which are establishments primarily engaged in selling advertising time or space for media owners and operators.
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 Media Representatives, All Establishments, Employer Firms data series tracks the total revenue generated by media representative firms across the United States. This metric provides insight into the overall commercial activity and health of the media advertising industry.
Methodology
The data is collected through surveys of media representative establishments by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists and policymakers to assess advertising market conditions and media industry performance.
Key Facts
- Media representatives earned over $35 billion in total revenue in the latest year.
- The media representation industry employs over 75,000 workers across the U.S.
- Total revenue has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by media representative establishments, which sell advertising time and space on behalf of media owners and operators.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and commercial activity of the media advertising industry, which is a key driver of economic growth and marketing investment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of media representative establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess advertising market conditions, media industry performance, and overall marketing investment.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Total Revenue for Media Representatives, All Establishments, Employer Firms (REVEF54184ALLEST), retrieved from FRED.