Hours Worked for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 713950) in the United States
IPUSN713950L201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
117.24%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the total hours worked in the U.S. bowling center industry, providing insights into employment and activity levels in the arts, entertainment, and recreation 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 Hours Worked for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 713950) in the United States metric tracks the total number of hours worked by employees in the U.S. bowling center industry. It serves as an important indicator of activity and labor demand within this specific recreational segment.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists and policymakers to gauge the health and performance of the leisure and hospitality industry.
Key Facts
- Bowling centers are part of the Arts, Entertainment, and Recreation sector (NAICS 71).
- The U.S. had over 12,000 bowling centers as of 2021.
- Bowling is a popular recreational activity, generating over $4 billion in annual revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total hours worked by employees in the U.S. bowling center industry, providing insights into employment and activity levels in this specific recreational segment.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as an indicator of the health and performance of the broader leisure and hospitality industry.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in bowling center employment and hours worked are used by analysts and policymakers to assess the state of the leisure and hospitality sector, which is an important component of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There may be seasonal adjustments and revisions to previously reported figures.
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Citation
U.S. Federal Reserve, Hours Worked for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 713950) in the United States (IPUSN713950L201000000), retrieved from FRED.