Arts, Entertainment and Recreation Earnings in Indiana

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

Latest Value

2,714,911.00

Year-over-Year Change

21.74%

Date Range

1/1/1998 - 1/1/2025

Summary

The 'Arts, Entertainment and Recreation Earnings in Indiana' series tracks the average weekly earnings in this key sector of the Indiana economy. It provides valuable insights into labor market conditions and consumer spending patterns in the state.

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 economic indicator measures the average weekly earnings of employees in Indiana's arts, entertainment and recreation industries. It is an important metric for understanding economic activity and consumer demand in this important service sector.

Methodology

The data is collected through surveys of businesses and establishments in the state of Indiana.

Historical Context

Policymakers and analysts use this data to assess the health and growth of Indiana's leisure and hospitality industries.

Key Facts

  • Indiana's arts and recreation sector employs over 100,000 workers.
  • Average weekly earnings in this industry are around $600.
  • The sector has seen steady growth in recent years.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the average weekly earnings of employees in Indiana's arts, entertainment and recreation industries.

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

A: It provides insights into labor market conditions and consumer spending patterns in this key service sector of Indiana's economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses and establishments in the state of Indiana.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this data to assess the health and growth of Indiana's leisure and hospitality industries.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis with a typical 1-2 month delay.

Related Trends

Citation

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