Labor Compensation for Information: Book Publishers (NAICS 511130) in the United States
IPUJN511130U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.45
Year-over-Year Change
11.14%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the labor compensation for information workers in the book publishing industry in the United States. It provides insights into the costs and productivity of a key creative 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 metric tracks the inflation-adjusted total compensation, including wages and benefits, for employees engaged in information-based roles within the book publishing industry. This data point helps analysts assess industry profitability and labor market dynamics.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of book publishing firms.
Historical Context
This metric is used by economists, policymakers, and industry analysts to monitor the cost structure and competitiveness of the book publishing sector.
Key Facts
- Book publishing is a key creative industry in the U.S.
- Compensation for information workers accounts for a significant portion of industry costs.
- This metric tracks changes in the value of labor within the publishing sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor compensation, including wages and benefits, for employees in information-based roles within the book publishing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the cost structure and productivity of a key creative industry, helping analysts and policymakers understand the market dynamics and competitiveness of the book publishing sector.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of book publishing firms.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this metric to monitor the cost structure and competitiveness of the book publishing sector, which can inform decisions related to trade, labor, and industry regulations.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may be subject to typical lags in data collection and reporting.
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Citation
U.S. Federal Reserve, Labor Compensation for Information: Book Publishers (NAICS 511130) in the United States (IPUJN511130U110000000), retrieved from FRED.