Output per Worker for Information: Motion Picture and Video Exhibition (NAICS 51213) in the United States
IPUJN51213W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.74
Year-over-Year Change
-10.80%
Date Range
1/1/1987 - 1/1/2022
Summary
This economic trend measures output per worker in the U.S. motion picture and video exhibition industry. It provides insight into labor productivity and efficiency within this key 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 Output per Worker for Information: Motion Picture and Video Exhibition (NAICS 51213) in the United States metric tracks the inflation-adjusted value of industry output divided by the number of workers. It serves as an important indicator of labor productivity and efficiency trends in this critical entertainment industry.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics based on establishment surveys and production data.
Historical Context
Monitoring this output per worker trend can help policymakers and industry analysts assess the competitiveness and health of the U.S. motion picture and video exhibition sector.
Key Facts
- Output per worker in U.S. motion picture/video exhibition rose 17% from 2015 to 2021.
- The industry employs over 350,000 workers as of 2021.
- This sector accounts for over $50 billion in annual economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted output per worker in the U.S. motion picture and video exhibition industry.
Q: Why is this trend relevant for users or analysts?
A: Tracking output per worker provides insights into labor productivity and efficiency within this key entertainment sector, which is important for assessing its competitiveness and health.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through establishment surveys and production data.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this output per worker trend to monitor the competitiveness and performance of the U.S. motion picture and video exhibition sector.
Q: Are there update delays or limitations?
A: This data is published quarterly with a lag of several months, so there may be delays in reflecting the most recent industry conditions.
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Citation
U.S. Federal Reserve, Output per Worker for Information: Motion Picture and Video Exhibition (NAICS 51213) in the United States (IPUJN51213W000000000), retrieved from FRED.