Labor Compensation for Information: Periodical Publishers (NAICS 511120) in the United States
IPUJN511120U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.88
Year-over-Year Change
-18.05%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the labor compensation for workers in the periodical publishing industry in the United States. It provides insights into the wages and benefits of employees in this critical media 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
The labor compensation for information: periodical publishers (NAICS 511120) in the United States is a key indicator of economic conditions and labor market trends in the publishing industry. It tracks the total compensation, including wages and benefits, paid to employees involved in the production and distribution of periodicals.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of their industry-level compensation surveys.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to understand the dynamics of the publishing sector and its impact on the broader economy.
Key Facts
- The periodical publishing industry employs over 100,000 workers in the U.S.
- Compensation in this sector has increased by 20% over the past decade.
- Publishing is a key contributor to the U.S. economy, generating over $50 billion in annual revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor compensation, including wages and benefits, for workers in the periodical publishing industry (NAICS 511120) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the economic conditions and labor market dynamics of the publishing sector, which is a crucial part of the media and information industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of their industry-level compensation surveys.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and industry analysts to understand the performance and challenges of the publishing sector and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Bureau of Labor Statistics, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Labor Compensation for Information: Periodical Publishers (NAICS 511120) in the United States (IPUJN511120U110000000), retrieved from FRED.