Total Revenue for Golf Courses and Country Clubs, All Establishments, Employer Firms
REVEF71391ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,522.00
Year-over-Year Change
59.30%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by golf courses and country clubs across the United States. It provides important insights into the financial health and performance of this recreational 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 Golf Courses and Country Clubs, All Establishments, Employer Firms metric tracks the aggregate sales and receipts of businesses in this sector. It is a key indicator of consumer demand, industry profitability, and the overall economic viability of golf-related activities.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and investors to gauge the state of the leisure and hospitality market.
Key Facts
- Golf courses and country clubs generated over $30 billion in revenue in the latest year.
- The industry employs more than 300,000 people across the United States.
- Revenue has grown by over 20% in the past decade, reflecting increased consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by golf courses and country clubs across the United States. It provides insights into the financial health and performance of this recreational industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by policymakers, industry analysts, and investors to gauge the state of the leisure and hospitality market and consumer spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the broader leisure and hospitality sector, which is an important contributor to overall economic activity and employment.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a slight delay due to the survey collection process.
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Citation
U.S. Federal Reserve, Total Revenue for Golf Courses and Country Clubs, All Establishments, Employer Firms (REVEF71391ALLEST), retrieved from FRED.