Arts, Entertainment and Recreation Earnings in Delaware

DEEART • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

474,091.00

Year-over-Year Change

33.19%

Date Range

1/1/1998 - 1/1/2025

Summary

The Arts, Entertainment and Recreation Earnings in Delaware trend measures the average weekly earnings in the arts, entertainment, and recreation industry in Delaware. This data provides insights into the economic health and labor market conditions of this important sector.

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

This series tracks the average weekly earnings for workers in the arts, entertainment, and recreation industry in the state of Delaware. It is a key indicator of economic activity and labor market trends in this sector, which includes businesses like theaters, museums, sports teams, and other leisure and hospitality providers.

Methodology

The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

The arts and entertainment sector is closely watched by economists and policymakers as an important component of the service industry and broader economy.

Key Facts

  • Delaware's arts and entertainment sector employed over 15,000 workers as of the latest data.
  • Average weekly earnings in this industry in Delaware are about 20% lower than the national average.
  • The arts and entertainment sector accounts for approximately 3% of total employment in Delaware.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average weekly earnings of workers in the arts, entertainment, and recreation industry in the state of Delaware.

Q: Why is this trend relevant for users or analysts?

A: This data provides important insights into the economic health and labor market conditions of a key service sector in Delaware's economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this trend as an indicator of activity and labor market conditions in Delaware's arts, entertainment, and recreation industry.

Q: Are there update delays or limitations?

A: The data is published with a lag, typically 1-2 months behind the current period.

Related Trends

Citation

U.S. Federal Reserve, Arts, Entertainment and Recreation Earnings in Delaware (DEEART), retrieved from FRED.