Total Revenue for All Other Amusement and Recreation Industries, All Establishments, Employer Firms
REVEF71399ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,495.00
Year-over-Year Change
199.54%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic indicator measures the total revenue generated by all other amusement and recreation establishments in the United States. It provides insight into the overall health and activity of the broader entertainment 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 All Other Amusement and Recreation Industries, All Establishments, Employer Firms statistic tracks the aggregate sales and earnings of businesses in the amusement, recreation, and leisure sectors. This data point is widely used by economists and policymakers to gauge consumer demand and business conditions in the entertainment industry.
Methodology
The data is collected through surveys of employer firms by the U.S. Census Bureau.
Historical Context
This revenue metric is closely monitored by industry analysts and government agencies to assess the broader economic impacts of consumer spending patterns and recreational activities.
Key Facts
- This metric covers a wide range of establishments, including theme parks, arcades, bowling alleys, and other entertainment venues.
- Revenue data is reported on a quarterly basis, providing timely insights into industry performance.
- The amusement and recreation sector is a significant contributor to the U.S. economy, accounting for over $200 billion in annual sales.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by all other amusement and recreation establishments in the United States, excluding major segments like spectator sports and gambling.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides valuable insights into consumer demand and overall health of the broader entertainment and leisure industry, which is an important part of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts closely monitor this revenue indicator to assess consumer spending patterns, business conditions, and the broader economic impacts of the leisure and entertainment sectors.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, providing timely insights into industry performance, though there may be some lag in availability compared to real-time economic conditions.
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Citation
U.S. Federal Reserve, Total Revenue for All Other Amusement and Recreation Industries, All Establishments, Employer Firms (REVEF71399ALLEST), retrieved from FRED.