Employment for Information: Motion Picture and Video Exhibition (NAICS 51213) in the United States
IPUJN51213W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.51
Year-over-Year Change
-5.16%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the motion picture and video exhibition industry in the United States. It provides important insights into the performance and workforce dynamics of this 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 Employment for Information: Motion Picture and Video Exhibition (NAICS 51213) in the United States trend tracks the number of people employed in businesses that operate movie theaters and other venues for showing movies to the public. This data is a key indicator of activity and labor demand in the film exhibition industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, industry analysts, and investors to gauge the health and outlook of the motion picture exhibition sector.
Key Facts
- Employment in motion picture and video exhibition has declined since the COVID-19 pandemic.
- The industry relies heavily on discretionary consumer spending on entertainment.
- Movie theater attendance and revenues are closely tied to the health of the broader economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in businesses that operate movie theaters and other venues for showing films to the public.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the performance and labor demand of the motion picture exhibition industry, which is a key part of the broader entertainment and consumer spending landscape.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by policymakers, industry analysts, and investors to gauge the health and outlook of the motion picture exhibition sector, which has implications for consumer spending, tax revenues, and broader economic conditions.
Q: Are there update delays or limitations?
A: The employment data is published monthly with a typical one-month lag, so there may be delays in reflecting the most recent labor market conditions in this industry.
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Citation
U.S. Federal Reserve, Employment for Information: Motion Picture and Video Exhibition (NAICS 51213) in the United States (IPUJN51213W010000000), retrieved from FRED.