Real Sectoral Output for Information: Radio Broadcasting (NAICS 51511) in the United States
IPUJN51511T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.20
Year-over-Year Change
-44.83%
Date Range
1/1/1988 - 1/1/2022
Summary
This economic trend measures real sectoral output for the radio broadcasting industry (NAICS 51511) in the United States. It is a key indicator of activity and productivity in this important 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 Real Sectoral Output for Information: Radio Broadcasting (NAICS 51511) in the United States measures the volume of goods and services produced by the radio broadcasting industry, adjusted for inflation. This data point is used by economists and policymakers to assess the health and growth of the media and information technology sectors.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of radio broadcasting companies.
Historical Context
This trend provides insight into consumer demand, industry competitiveness, and the broader media landscape.
Key Facts
- Radio broadcasting is a $25 billion industry in the U.S.
- Output has grown by 15% over the past decade.
- The sector employs over 100,000 workers nationwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the radio broadcasting industry (NAICS 51511) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the productivity and growth of the radio broadcasting sector, which is an important part of the broader media and information technology industries.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects this data through surveys of radio broadcasting companies.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the health of the media sector and make informed decisions about economic and regulatory policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Information: Radio Broadcasting (NAICS 51511) in the United States (IPUJN51511T011000000), retrieved from FRED.