Total Revenue for Casinos Excluding Casino Hotels, Establishments Subject to Federal Income Tax, Employer Firms
REVEF71321TAXABL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,831.00
Year-over-Year Change
29.05%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures total revenue for casinos excluding casino hotels, establishments subject to federal income tax, and employer firms in the United States.
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 Casinos Excluding Casino Hotels, Establishments Subject to Federal Income Tax, Employer Firms data provides insights into the financial performance of the casino industry, excluding hotel operations. This metric is a key indicator of the broader casino and gambling market's health and can inform investment decisions and economic policy.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of business establishments.
Historical Context
This trend is widely used by economists, investors, and policymakers to analyze the casino and gambling industry's economic conditions and market trends.
Key Facts
- The data is reported on a quarterly basis.
- Casinos excluding hotels make up a significant portion of the overall gambling and casino industry in the United States.
- The trend can be used to gauge consumer spending patterns and the broader economic health of the leisure and hospitality sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by casinos, excluding casino hotels, that are subject to federal income tax and operate as employer firms in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the financial performance and economic conditions of the casino industry, which is an important sector for consumer spending, leisure and hospitality, and broader economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of business establishments.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this trend to monitor the casino and gambling market, inform investment decisions, and assess the broader economic impact of the leisure and hospitality sector.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, and there may be some delay in the release of the latest figures.
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Citation
U.S. Census Bureau, Total Revenue for Casinos Excluding Casino Hotels, Establishments Subject to Federal Income Tax, Employer Firms (REVEF71321TAXABL), retrieved from FRED.