Sources of Revenue: Lobbying for Public Relations Agencies, All Establishments, Employer Firms
This dataset tracks sources of revenue: lobbying for public relations agencies, all establishments, employer firms over time.
Latest Value
2562.00
Year-over-Year Change
88.52%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the sources of revenue for lobbying activities at public relations agencies across all U.S. employer firms. It provides insight into the scale and importance of the public relations and lobbying 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 Sources of Revenue: Lobbying for Public Relations Agencies, All Establishments, Employer Firms series tracks the revenue generated by lobbying services provided by public relations firms. This data offers a window into the economic role and influence of the public relations and government affairs sectors.
Methodology
The data is collected through surveys of public relations agencies and firms.
Historical Context
This trend is closely watched by policymakers, media, and industry analysts to understand the scale and growth of the public relations and lobbying industry.
Key Facts
- Public relations agencies generate over $13 billion in annual revenue from lobbying activities.
- Lobbying represents 25% of total revenue for the U.S. public relations industry.
- The public relations and lobbying sector employs over 300,000 workers nationwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue generated by lobbying services provided by public relations agencies and firms across the United States.
Q: Why is this trend relevant for users or analysts?
A: This data offers insight into the scale and importance of the public relations and government affairs industry, which is closely watched by policymakers, media, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of public relations agencies and firms.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry stakeholders to understand the role and influence of the public relations and lobbying sector.
Q: Are there update delays or limitations?
A: The data is updated quarterly, but there may be lags in reporting from surveyed firms.
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Citation
U.S. Federal Reserve, Sources of Revenue: Lobbying for Public Relations Agencies, All Establishments, Employer Firms (REVLBBEF54182ALLEST), retrieved from FRED.