Hours Worked for Information: Book Publishers (NAICS 511130) in the United States
IPUJN511130L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.07
Year-over-Year Change
-30.27%
Date Range
1/1/1987 - 1/1/2024
Summary
This trend measures the total number of hours worked by employees in the book publishing industry in the United States. It provides insights into labor market conditions and productivity in 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: Book Publishers (NAICS 511130) in the United States metric tracks the total number of paid labor hours contributed by workers in the book publishing industry. This data point is useful for analyzing workforce trends, production capacity, and labor productivity within the publishing sector.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts monitor this metric to gauge the overall health and outlook for the book publishing industry.
Key Facts
- Book publishing accounts for over 800,000 U.S. jobs.
- Hours worked declined 8.4% in 2020 due to pandemic disruptions.
- The publishing industry generates over $25 billion in annual revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of paid labor hours contributed by workers in the book publishing industry (NAICS 511130) in the United States.
Q: Why is this trend relevant for users or analysts?
A: The hours worked metric provides insights into labor market conditions, production capacity, and productivity trends within the publishing sector, which is a key part of the media and information industry.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this metric to gauge the overall health and outlook for the book publishing industry, which has important implications for media, employment, and productivity.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Hours Worked for Information: Book Publishers (NAICS 511130) in the United States (IPUJN511130L010000000), retrieved from FRED.