Expenses for Casino Hotels, All Establishments, Employer Firms
CHEAEEF372112 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55,119.00
Year-over-Year Change
23.57%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the total expenses incurred by casino hotels and other employer firms in the casino industry. It provides insight into the financial health and operational costs of a key sector of the U.S. 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 Casino Hotels, All Establishments, Employer Firms series tracks the total operating costs, including labor, utilities, and other overhead, for businesses in the casino hotel industry. This metric is used by economists and policymakers to monitor the financial performance and cost structures of this important leisure and hospitality segment.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
This economic indicator can inform decisions around taxation, regulation, and support for the casino hotel industry.
Key Facts
- Casino hotels are a major employer in many U.S. states.
- Expenses for casino hotels account for a significant portion of consumer leisure spending.
- Trends in this metric can signal changes in the broader hospitality industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total operating expenses incurred by casino hotels and other employer firms in the casino industry, including labor, utilities, and other overhead costs.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and cost structures of the casino hotel industry, which is an important sector of the U.S. economy. It can inform decisions around taxation, regulation, and support for this industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in casino hotel expenses can inform policymakers' decisions around taxation, regulation, and support for the leisure and hospitality industry.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Census Bureau, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Expenses for Casino Hotels, All Establishments, Employer Firms (CHEAEEF372112), retrieved from FRED.