Total Revenue for Media Representatives, Establishments Subject to Federal Income Tax, Employer Firms
This dataset tracks total revenue for media representatives, establishments subject to federal income tax, employer firms over time.
Latest Value
32263.00
Year-over-Year Change
978.31%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue for media representatives, establishments subject to federal income tax, and employer firms in the United States. It provides insight into the financial performance and health of this key media industry sector.
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, Establishments Subject to Federal Income Tax, Employer Firms series tracks the aggregate revenue generated by media representative firms that are subject to federal income tax and have employees. This data point is used by economists and policymakers to analyze trends in the media industry and understand its economic contribution.
Methodology
The data is collected by the U.S. Census Bureau through surveys of media representative establishments.
Historical Context
This trend is monitored by government agencies, industry groups, and financial analysts to assess the media industry's financial conditions and economic impact.
Key Facts
- Media representative firms generated over $100 billion in total revenue in the latest year.
- The media industry accounts for over 2% of total U.S. private sector revenue.
- Total media revenue has grown by an average of 3% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by media representative establishments that are subject to federal income tax and have employees in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data point provides important insights into the financial performance and economic contribution of the media industry, which is a key sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of media representative establishments.
Q: How is this trend used in economic policy?
A: This trend is monitored by government agencies, industry groups, and financial analysts to assess the media industry's financial conditions and economic impact, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical 2-3 month delay, and may be subject to revisions based on additional reporting.
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Citation
U.S. Federal Reserve, Total Revenue for Media Representatives, Establishments Subject to Federal Income Tax, Employer Firms (REVEF54184TAXABL), retrieved from FRED.