Labor Productivity for Information: Cable and Other Subscription Programming (NAICS 515210) in the United States
IPUJN515210L001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.50
Year-over-Year Change
53.06%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures labor productivity in the cable and other subscription programming industry in the United States. It provides insight into the efficiency and competitiveness of 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 Labor Productivity for Information: Cable and Other Subscription Programming (NAICS 515210) in the United States series tracks the output per hour of labor in this key industry. It is a valuable indicator of technological progress, operational efficiency, and pricing power.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on production and employment figures.
Historical Context
This productivity metric informs investment decisions, consumer pricing, and regulatory policy in the cable and satellite TV market.
Key Facts
- Cable and satellite TV is a $100+ billion industry in the U.S.
- This industry employs over 250,000 workers.
- Productivity growth in this sector averaged 1.5% annually from 2010-2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor productivity, or output per hour of labor, in the cable and other subscription programming industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This productivity metric provides insight into the efficiency and competitiveness of the cable TV and subscription media industry, which is a major part of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on production and employment figures for the industry.
Q: How is this trend used in economic policy?
A: This productivity measure informs investment decisions, consumer pricing, and regulatory policy in the cable and satellite TV market.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Labor Productivity for Information: Cable and Other Subscription Programming (NAICS 515210) in the United States (IPUJN515210L001000000), retrieved from FRED.