Sources of Revenue: Sale of Recordings for Music Publishers, All Establishments, Employer Firms
This dataset tracks sources of revenue: sale of recordings for music publishers, all establishments, employer firms over time.
Latest Value
293.00
Year-over-Year Change
76.51%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the total revenue from the sale of recordings for music publishers across all U.S. establishments. It provides insight into the financial health and trends within 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: Sale of Recordings for Music Publishers, All Establishments, Employer Firms metric tracks the total revenue generated by the sale of music recordings by U.S. music publishing companies. This data point is used by economists and industry analysts to monitor the performance and revenue streams of the broader music publishing sector.
Methodology
The data is collected and reported by the U.S. Census Bureau as part of their annual economic surveys.
Historical Context
This revenue trend is closely watched by policymakers and market participants to understand the dynamics and commercial viability of the U.S. music publishing industry.
Key Facts
- Music publishing is a $4.5 billion industry in the U.S.
- Recorded music accounts for over 40% of total revenue for music publishers.
- The top 3 music publishers control over 65% of the global market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by U.S. music publishing companies from the sale of recordings and music catalogs.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the financial health and performance of the broader music publishing industry, which is a critical component of the overall music ecosystem.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the U.S. Census Bureau through their economic surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and regulators monitor this revenue trend to understand the dynamics and viability of the music publishing sector, which informs policy decisions around copyright, royalties, and industry support.
Q: Are there update delays or limitations?
A: This data is published annually with a lag of approximately 6-12 months, so it may not reflect the most current industry conditions.
Related News
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. Economy Weak in August, Retail Sales Show Potential Resilience
Resilient Retail: Analyzing August’s Economic Trends in U.S. Retail Sales Recent trends in U.S. retail sales offer an intriguing glimpse into economic resilience amidst the challenges of August. The retail sector demonstrated its strength, even as broader economic indicators painted a less optimistic picture. In August, consumer spending and the retail sector were noteworthy, providing insights into economic resilience and offering a beacon of optimism. This anomaly invites a closer look into c
U.S. Treasury yields fall after unexpected PPI decline
Exploring the Impact of Treasury Yields After an Unexpected PPI Decline Treasury yields have seen a noticeable decline following an unforeseen drop in the Producer Price Index (PPI), which signals a shift in economic expectations. Treasury yields, reflecting the return on investment for U.S. government bonds, serve as key indicators of economic health. An unexpected decline in the PPI, a measure of wholesale inflation, has led to immediate implications on these yields. This also puts the spotli
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, Sources of Revenue: Sale of Recordings for Music Publishers, All Establishments, Employer Firms (REVSLREF51223ALLEST), retrieved from FRED.