Labor Compensation for Information: Book Publishers (NAICS 51113) in the United States
IPUJN51113U110000000 • 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 labor compensation for the book publishing industry in the United States. It provides insights into the wages and benefits paid to workers in this sector, which is a key indicator of economic activity and productivity.
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 trend tracks the total compensation, including wages and benefits, paid to employees in the book publishing industry in the United States. This metric is useful for analyzing industry-level labor costs and productivity, as well as benchmarking against other sectors.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and industry analysts to understand the economic health and competitiveness of the book publishing sector.
Key Facts
- Book publishing is a major U.S. industry, with over 800,000 workers.
- Labor costs account for over 50% of total expenses for book publishers.
- Wages and benefits in the book publishing industry are above the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor compensation, including wages and benefits, paid to employees in the book publishing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor costs and productivity of the book publishing sector, which is important for understanding the economic health and competitiveness of the industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to monitor the book publishing sector and assess its contribution to the overall economy.
Q: Are there update delays or limitations?
A: The data is released on a regular basis by the U.S. Federal Reserve, but there may be some delays in reporting due to the survey-based data collection process.
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Real Sectoral Output for Information: Periodical Publishers (NAICS 51112) in the United States
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Citation
U.S. Federal Reserve, Labor Compensation for Information: Book Publishers (NAICS 51113) in the United States (IPUJN51113U110000000), retrieved from FRED.