Sectoral Output Price Deflator for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 713910) in the United States
IPUSN713910T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.13
Year-over-Year Change
39.56%
Date Range
1/1/2002 - 1/1/2022
Summary
The Sectoral Output Price Deflator for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 713910) in the United States measures the change in prices charged by this industry. It is an important indicator for analyzing the economic health and pricing trends within the golf course and country club 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
This economic indicator tracks the price changes for goods and services produced by golf courses and country clubs in the United States. It is used by economists and policymakers to understand inflationary pressures and pricing dynamics within the recreation and leisure industry.
Methodology
The data is collected through surveys of businesses in the NAICS 713910 industry sector.
Historical Context
This price deflator is relevant for assessing the economic competitiveness and profitability of the golf course and country club industry.
Key Facts
- The base year for this index is 2012 = 100.
- Prices are monitored for a variety of golf course services and amenities.
- The data is released on a quarterly basis by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the change in prices charged by golf courses and country clubs in the United States. It is a sectoral output price deflator that covers the NAICS 713910 industry.
Q: Why is this trend relevant for users or analysts?
A: This price deflator is important for understanding inflationary pressures and pricing dynamics within the recreation and leisure industry, particularly for the golf course and country club sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the NAICS 713910 industry sector.
Q: How is this trend used in economic policy?
A: This price deflator is relevant for assessing the economic competitiveness and profitability of the golf course and country club industry, which is an important part of the broader recreation and leisure sector.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 713910) in the United States (IPUSN713910T050000000), retrieved from FRED.