Expenditures: Entertainment: Fees and Admissions by Region: Residence in the West Census Region
CXUFEESADMLB1105M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,165.00
Year-over-Year Change
53.90%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic indicator measures consumer spending on entertainment fees and admissions in the Western United States. It provides insights into regional consumer trends and entertainment preferences.
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 Expenditures: Entertainment: Fees and Admissions by Region: Residence in the West Census Region series tracks consumer spending on activities like movie tickets, sporting event admissions, and other entertainment-related fees in the Western states. This data helps economists and policymakers understand regional variations in consumer behavior and entertainment industry dynamics.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used to inform economic and consumer behavior analyses, as well as policy decisions related to the entertainment industry.
Key Facts
- The data is released monthly by the U.S. Federal Reserve.
- Spending on entertainment fees and admissions accounts for a significant portion of consumer expenditures.
- Regional variations in entertainment preferences provide valuable insights for businesses and policymakers.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks consumer spending on entertainment-related fees and admissions, such as movie tickets and sporting event tickets, in the Western United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into regional consumer behavior and entertainment industry dynamics, which are important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used to inform economic and consumer behavior analyses, as well as policy decisions related to the entertainment industry.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with typical update delays of a few weeks.
Related Trends
Expenditures: Total Average Annual Expenditures by Income Before Taxes: $120,000 to $149,999
CXUTOTALEXPLB0216M
Expenditures: Pets by Region: Residence in the West Census Region
CXUPETSLB1105M
Income Before Taxes: Social Security, Private & Government Retirement by Occupation: Retired
CXURETIRINCLB1209M
Expenditures: Beef: All Consumer Units
CXUBEEFLB0101M
Expenditures: Apparel, Men and Boys by Size of Consumer Unit: Five People in Consumer Unit
CXUMENBOYSLB05A1M
Income Before Taxes: Other Income by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile)
CXUOTHRINCLB0102M
Citation
U.S. Federal Reserve, Expenditures: Entertainment: Fees and Admissions by Region: Residence in the West Census Region (CXUFEESADMLB1105M), retrieved from FRED.