Total Revenue for Fitness and Recreational Sports Centers, Establishments Exempt from Federal Income Tax, Employer Firms
This dataset tracks total revenue for fitness and recreational sports centers, establishments exempt from federal income tax, employer firms over time.
Latest Value
7633.00
Year-over-Year Change
35.12%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue for fitness and recreational sports centers that are exempt from federal income tax, as reported by employer firms in the United States. It provides insight into the financial performance and economic health of this important segment of the recreation and leisure 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 Fitness and Recreational Sports Centers, Establishments Exempt from Federal Income Tax, Employer Firms' trend tracks the total revenue generated by fitness and recreational sports centers that are tax-exempt organizations, such as non-profit and community-based facilities. This data is used by economists and policymakers to analyze trends in the recreation and fitness sector.
Methodology
The data is collected through surveys of employer firms in the United States.
Historical Context
This trend is relevant for understanding the economic conditions and consumer demand in the fitness and recreation industry, which has implications for related policy decisions.
Key Facts
- The data is released quarterly by the U.S. Federal Reserve.
- Fitness and recreational sports centers make up a significant portion of the overall recreation and leisure industry.
- Tax-exempt establishments play an important role in providing affordable access to fitness and recreational activities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by fitness and recreational sports centers that are exempt from federal income tax, as reported by employer firms in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the financial performance and economic health of the fitness and recreation industry, which is important for understanding consumer demand and making related policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms in the United States.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and economists analyzing the recreation and leisure industry, as it can inform decisions related to taxation, industry regulations, and consumer access to fitness and recreational activities.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Federal Reserve, so there may be a lag in the most recent information available.
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Citation
U.S. Federal Reserve, Total Revenue for Fitness and Recreational Sports Centers, Establishments Exempt from Federal Income Tax, Employer Firms (REVEF71394TAXEPT), retrieved from FRED.