Sources of Revenue: Print Music for Music Publishers, All Establishments, Employer Firms
This dataset tracks sources of revenue: print music for music publishers, all establishments, employer firms over time.
Latest Value
194.00
Year-over-Year Change
-25.95%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the revenue sources for music publishers, specifically the revenue from print music sales across all employer firms. It provides insights into the financial health and revenue mix of the music publishing 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: Print Music for Music Publishers, All Establishments, Employer Firms series tracks the revenue generated by music publishers from the sale of printed music. This data is used by economists and industry analysts to understand the evolving business model and revenue streams within the music publishing sector.
Methodology
The data is collected through surveys of music publishing establishments by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers and industry stakeholders to assess the impact of technological and market changes on the traditional print music revenue model.
Key Facts
- Music publishing is a multi-billion dollar industry in the U.S.
- Print music sales account for a significant portion of music publisher revenues.
- The trend has declined in recent years due to the shift towards digital music distribution.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue generated by music publishers in the United States from the sale of printed sheet music and scores.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial performance and revenue composition of the music publishing industry, which is an important part of the broader music ecosystem.
Q: How is this data collected or calculated?
A: The data is collected through surveys of music publishing establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry stakeholders monitor this trend to understand the impact of technological and market changes on the traditional print music revenue model and to inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing the full scope of the music publishing industry, as some smaller or non-traditional publishers may not be included in the survey.
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Citation
U.S. Federal Reserve, Sources of Revenue: Print Music for Music Publishers, All Establishments, Employer Firms (REVPTMEF51223ALLEST), retrieved from FRED.