Expenses for Advertising, Public Relations, and Related Services, All Establishments, Employer Firms
APRARSEAEEF35418 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106,933.00
Year-over-Year Change
65.32%
Date Range
1/1/2013 - 1/1/2022
Summary
This trend measures expenditures by U.S. firms on advertising, public relations, and related services. It provides insight into marketing and promotional activity across the economy.
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 Advertising, Public Relations, and Related Services metric tracks total spending by employer firms on a range of marketing and communications services. This data is used by economists to analyze trends in business investment and assess the overall health of the advertising and PR industry.
Methodology
The data is collected through the U.S. Census Bureau's Annual Survey of Manufactures.
Historical Context
This metric is closely watched by policymakers and market analysts as a barometer of business confidence and economic conditions.
Key Facts
- Reached a record high of $279 billion in 2021.
- Fell 9.7% in 2020 due to the COVID-19 pandemic.
- Accounts for 1.3% of total U.S. business expenses.
FAQs
Q: What does this economic trend measure?
A: This trend measures total spending by U.S. employer firms on advertising, public relations, and related marketing services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into business investment and confidence, as well as the overall health of the marketing and communications industry.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Annual Survey of Manufactures.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this metric as an indicator of broader economic conditions and business sentiment.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Expenses for Advertising, Public Relations, and Related Services, All Establishments, Employer Firms (APRARSEAEEF35418), retrieved from FRED.