Expenses for Sports Teams and Clubs, Establishments Subject To Federal Income Tax, Employer Firms
This dataset tracks expenses for sports teams and clubs, establishments subject to federal income tax, employer firms over time.
Latest Value
37405.00
Year-over-Year Change
62.67%
Date Range
1/1/2004 - 1/1/2022
Summary
This trend measures the expenses of establishments subject to federal income tax that are sports teams and clubs. It provides insights into the financial operations of professional and amateur sports organizations.
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 Expenses for Sports Teams and Clubs, Establishments Subject To Federal Income Tax, Employer Firms trend tracks the operating costs of sports-related businesses that file federal income taxes. This data is used by economists and policymakers to analyze the financial health and economic impact of the sports industry.
Methodology
The data is collected through surveys of employer firms in the sports and recreation industry.
Historical Context
This trend is relevant for understanding the broader economic dynamics of the sports and entertainment sector.
Key Facts
- Sports teams and clubs account for a significant portion of the U.S. entertainment and recreation industry.
- Expenses for these establishments can indicate the overall financial health and investment in the sports sector.
- The data is collected from firms subject to federal income tax, providing a comprehensive view of the industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the operating expenses of sports teams and clubs that are subject to federal income tax. It provides insights into the financial health and activity of the sports industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the economic dynamics and investment in the sports and recreation sector, which is a significant part of the U.S. entertainment industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms in the sports and recreation industry.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and economists about the financial state of the sports industry, which may influence decisions related to taxation, regulation, and economic development policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of surveys conducted by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Expenses for Sports Teams and Clubs, Establishments Subject To Federal Income Tax, Employer Firms (STACEESTFIT3711211), retrieved from FRED.