Real Sectoral Output for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States
IPUSN71395T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.10
Year-over-Year Change
17.06%
Date Range
1/1/1987 - 1/1/2022
Summary
This economic indicator tracks real output in the U.S. bowling center industry, a key component of the broader arts, entertainment, and recreation sector. It provides insight into the health and productivity of this leisure and hospitality segment.
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 Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) measures the inflation-adjusted output of bowling centers in the United States. This metric helps economists and policymakers understand trends in consumer demand and the performance of the broader entertainment industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production indices.
Historical Context
This indicator can inform assessments of consumer behavior, leisure spending, and the overall strength of the service economy.
Key Facts
- Bowling centers are a $4 billion industry in the U.S.
- This sector employs over 150,000 workers nationwide.
- Output has declined due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the real (inflation-adjusted) output of the U.S. bowling center industry, which is classified under the broader arts, entertainment, and recreation sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and the overall performance of the leisure and hospitality industry, which is an important component of the U.S. service economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production indices.
Q: How is this trend used in economic policy?
A: This indicator can inform assessments of consumer behavior, leisure spending, and the overall strength of the service economy, which are relevant for economic policymakers and market analysts.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential revisions, as is common with economic indicators.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Arts, Entertainment, and Recreation: Bowling Centers (NAICS 71395) in the United States (IPUSN71395T010000000), retrieved from FRED.