Hours Worked for Information: Periodical Publishers (NAICS 51112) in the United States
IPUJN51112L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.31
Year-over-Year Change
-46.93%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the total number of hours worked by employees in the periodical publishing industry (NAICS 51112) in the United States. It is an important indicator of labor utilization and productivity within this key 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 Hours Worked for Information: Periodical Publishers (NAICS 51112) in the United States series tracks the total number of paid hours worked by employees in the periodical publishing industry. This metric provides insights into the production capacity and staffing levels of this important component of the U.S. information and media economy.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This labor market indicator is used by economists, policymakers, and industry analysts to assess trends in productivity and output for the periodical publishing sector.
Key Facts
- The periodical publishing industry accounts for over 280,000 jobs in the U.S.
- Total hours worked in this sector peaked in 2007 at over 450 million hours annually.
- The COVID-19 pandemic led to a sharp decline in hours worked in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of paid hours worked by employees in the periodical publishing industry (NAICS 51112) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This labor market indicator provides insights into the production capacity and staffing levels of the periodical publishing sector, which is an important component of the U.S. information and media economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists, policymakers, and industry analysts to assess trends in productivity and output for the periodical publishing sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, Hours Worked for Information: Periodical Publishers (NAICS 51112) in the United States (IPUJN51112L010000000), retrieved from FRED.