Output per Worker for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 71311) in the United States
IPUSN71311W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.39
Year-over-Year Change
18.49%
Date Range
1/1/1987 - 1/1/2022
Summary
This economic trend measures the output per worker in the amusement and theme park industry within the broader arts, entertainment, and recreation sector in the United States. It provides insights into the productivity and efficiency of this important leisure and tourism industry.
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 Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 71311) in the United States metric tracks the real inflation-adjusted output per employee in this industry. It is a key indicator of labor productivity and can inform economic analysis and policymaking related to this sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of their productivity and cost measurement program.
Historical Context
This metric is used by economists, policymakers, and industry analysts to assess the health and competitiveness of the amusement and theme park industry.
Key Facts
- Output per worker in the U.S. amusement and theme park industry has grown by 25% since 2010.
- The amusement and theme park industry employs over 400,000 people in the United States.
- The U.S. is home to some of the world's most popular and iconic amusement parks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output per worker in the amusement and theme park industry, which is part of the broader arts, entertainment, and recreation sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the productivity and efficiency of the amusement and theme park industry, which is an important part of the leisure and tourism economy. It can inform economic analysis and policymaking related to this sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of their productivity and cost measurement program.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and industry analysts to assess the health and competitiveness of the amusement and theme park industry, which has implications for employment, tourism, and broader economic policy.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Labor Statistics, with a typical delay of 1-2 months. The metric may be subject to revisions as more complete data becomes available.
Related Trends
Hourly Compensation for Arts, Entertainment, and Recreation: Gambling Industries (NAICS 7132) in the United States
IPUSN7132U121000000
Employment for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States
IPUSN71395W200000000
Hours Worked for Arts, Entertainment, and Recreation: Independent Artists, Writers, and Performers (NAICS 711510) in the United States
IPUSN711510L010000000
Unit Labor Costs for Arts, Entertainment, and Recreation: Amusement Parks and Arcades (NAICS 7131) in the United States
IPUSN7131U101000000
Employment for Arts, Entertainment, and Recreation: Spectator Sports (NAICS 7112) in the United States
IPUSN7112W200000000
Labor Compensation for Arts, Entertainment, and Recreation: Fitness and Recreational Sports Centers (NAICS 71394) in the United States
IPUSN71394U110000000
Citation
U.S. Federal Reserve, Output per Worker for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 71311) in the United States (IPUSN71311W000000000), retrieved from FRED.