Revenue from Households for Advertising, Public Relations, and Related Services, Establishments Subject to Federal Income Tax
HHD5418TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,975.00
Year-over-Year Change
9.72%
Date Range
10/1/2003 - 1/1/2018
Summary
This economic trend measures revenue from advertising, public relations, and related services establishments that are subject to federal income tax. It provides insight into the financial health and demand for these professional services in the United States.
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 Revenue from Households for Advertising, Public Relations, and Related Services, Establishments Subject to Federal Income Tax metric tracks the total income generated by these businesses from individual consumers. It is an important indicator of consumer spending and confidence in the marketing and communications sector.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of businesses.
Historical Context
This trend is used by economists and policymakers to assess broader economic conditions and consumer behavior.
Key Facts
- This metric excludes non-taxable establishments.
- Quarterly data available since 2005.
- Helps indicate consumer demand for marketing services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by advertising, public relations, and related services establishments that are subject to federal income tax, providing insight into consumer spending in this professional services sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of consumer confidence and demand for marketing-related services, which can have broader implications for the overall economic health and business environment.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of businesses in this industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess consumer spending patterns and broader economic conditions, which can inform policy decisions and market forecasts.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag, and it only includes establishments subject to federal income tax, which may not capture the full scope of the advertising and professional services industry.
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Citation
U.S. Federal Reserve, Revenue from Households for Advertising, Public Relations, and Related Services, Establishments Subject to Federal Income Tax (HHD5418TAXABL144QNSA), retrieved from FRED.