Total Revenue for Other Gambling Industries, All Establishments, Employer Firms
This dataset tracks total revenue for other gambling industries, all establishments, employer firms over time.
Latest Value
15569.00
Year-over-Year Change
93.04%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue for other gambling industries, including establishments such as sports and recreation clubs, racetracks, and event ticket sales. It provides insight into the overall financial performance of the broader gambling and entertainment sectors.
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 Other Gambling Industries, All Establishments, Employer Firms metric tracks the aggregate earnings of businesses beyond traditional casino gambling, including sports betting, online gaming, and related entertainment services. This data is useful for economists and policymakers to assess the economic health and growth of the gambling industry.
Methodology
The data is collected through surveys of U.S. businesses and employers by the U.S. Census Bureau.
Historical Context
This economic indicator is relevant for understanding consumer spending patterns, market trends, and the broader entertainment and leisure industry.
Key Facts
- The data is reported on a quarterly basis.
- The gambling industry generates over $100 billion in annual revenue in the U.S.
- Online and mobile gambling have seen significant growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by gambling establishments and related entertainment businesses in the U.S., excluding traditional casino gambling.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the overall financial performance and economic impact of the broader gambling and entertainment industries, which are important contributors to the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and employers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor consumer spending patterns, assess market trends, and understand the broader entertainment and leisure industry's contribution to the economy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay of several months before the most recent figures are available.
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Citation
U.S. Federal Reserve, Total Revenue for Other Gambling Industries, All Establishments, Employer Firms (REVEF71329ALLEST), retrieved from FRED.