Gross Annual Payroll for Amusement, Gambling, and Recreation Industries, All Establishments, Employer Firms
EXPGAPEF713ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,578.00
Year-over-Year Change
72.42%
Date Range
1/1/2005 - 1/1/2022
Summary
This trend measures the total annual payroll for businesses in the amusement, gambling, and recreation industries across the United States. It provides insight into the economic activity and employment in these important service sectors.
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 Gross Annual Payroll for Amusement, Gambling, and Recreation Industries metric tracks the total salaries and wages paid by all employer firms in these related industries. It is a key indicator of the size and health of these leisure and entertainment-focused economic segments.
Methodology
The data is collected through the U.S. Census Bureau's Annual Survey of Manufactures and Annual Retail Trade Survey.
Historical Context
This economic trend is relevant for understanding consumer spending patterns, labor market dynamics, and the performance of specific service industry sectors.
Key Facts
- Covers over 70,000 employer firms in the amusement, gambling, and recreation industries.
- Total annual payroll exceeds $70 billion as of the latest data.
- The sector accounts for over 1.5 million jobs in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total annual payroll for businesses in the amusement, gambling, and recreation industries across the United States.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the economic activity and employment levels in these important service sectors, which are key indicators of consumer spending patterns and labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Annual Survey of Manufactures and Annual Retail Trade Survey.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and market analysts to monitor the performance of these leisure and entertainment-focused industries and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is released on an annual basis with a lag of several months, so it may not reflect the most recent economic conditions.
Related Trends
Current Number of Full-Time Permanent Employees; Percent of Respondents Reporting Increases for Federal Reserve District 3: Philadelphia
NFBNINC156MSFRBPHI
Future Business Climate; Percent Expecting to Not Change for FRB - New York District
BCFNNA156MNFRBNY
Total Discharges for General Medical and Surgical Hospitals, All Establishments
DISC6221ALLEST157QNSA
Total Revenue for Landscape Architectural Services, Establishments Subject to Federal Income Tax, Employer Firms
REVEF54132TAXABL
Total Revenue for Legal Services, Establishments Subject to Federal Income Tax
REV5411TAXABL144QNSA
Total Revenue for Telephone Answering Services, All Establishments, Employer Firms
REVEF561421ALLEST
Citation
U.S. Federal Reserve, Gross Annual Payroll for Amusement, Gambling, and Recreation Industries, All Establishments, Employer Firms (EXPGAPEF713ALLEST), retrieved from FRED.