Labor Compensation for Information: Book Publishers (NAICS 511130) in the United States
IPUJN511130L020000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,402.74
Year-over-Year Change
11.14%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures labor compensation for workers in the book publishing industry (NAICS 511130) in the United States. It provides insight into wage and salary trends 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 Labor Compensation for Information: Book Publishers (NAICS 511130) in the United States series tracks total compensation, including wages and benefits, for employees in the U.S. book publishing industry. This data offers valuable context for analyzing labor market dynamics and productivity in this specialized media segment.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of its Producer Price Index program.
Historical Context
Trends in book publishing labor compensation are monitored by economists, industry analysts, and policymakers to gauge competitiveness and inflationary pressures.
Key Facts
- Book publishing is a $27 billion industry in the U.S.
- The book publishing industry employs over 100,000 workers.
- Labor costs account for over 50% of total industry expenses.
FAQs
Q: What does this economic trend measure?
A: This trend measures total labor compensation, including wages and benefits, for workers employed in the U.S. book publishing industry (NAICS 511130).
Q: Why is this trend relevant for users or analysts?
A: Trends in book publishing labor compensation provide important insights into wage dynamics, productivity, and cost pressures within this critical media sector.
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 its Producer Price Index program.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor book publishing labor compensation to gauge labor market conditions, inflationary pressures, and industry competitiveness.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Labor Compensation for Information: Book Publishers (NAICS 511130) in the United States (IPUJN511130L020000000), retrieved from FRED.