Arts, Entertainment and Recreation Earnings in Missouri
MOEART • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,069,767.00
Year-over-Year Change
38.60%
Date Range
1/1/1998 - 1/1/2025
Summary
The Arts, Entertainment and Recreation Earnings in Missouri trend measures the average weekly earnings in the arts, entertainment and recreation industries within the state of Missouri. This data provides insights into the economic health and labor market conditions in this 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 average weekly earnings of workers in the arts, entertainment and recreation industries across Missouri. It is a useful metric for understanding the state's creative economy and can inform policy decisions and economic development strategies.
Methodology
The data is collected through surveys of Missouri businesses and establishments in the arts, entertainment and recreation sectors.
Historical Context
Policymakers and economic analysts use this data to monitor trends in Missouri's creative industries and make informed decisions about supporting the state's cultural and entertainment sectors.
Key Facts
- Missouri's arts and entertainment sector employs over 100,000 workers.
- Average weekly earnings in this industry are 20% lower than the state's overall average.
- The arts and recreation sector accounts for 3.5% of Missouri's total GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of workers in the arts, entertainment and recreation industries across the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the economic health and labor market conditions in Missouri's creative economy, which is important for informing policy decisions and economic development strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Missouri businesses and establishments in the arts, entertainment and recreation sectors.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this data to monitor trends in Missouri's creative industries and make informed decisions about supporting the state's cultural and entertainment sectors.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some time lag between the reporting period and the release of the latest figures.
Related Trends
Other Services (Except Public Administration) Wages and Salaries in Missouri
MOWOTH
Real Gross Domestic Product: All Industry Total in Missouri
MORQGSP
State Tax Collections: T14 Pari-Mutuels Sales Tax for Missouri
QTAXT14QTAXCAT3MONO
Chain-Type Quantity Index for Real GDP: Performing Arts, Spectator Sports, Museums, and Related Activities (711-712) in Missouri
MOPRFRMSPRTMSMQGSP
Value of Exports to Finland from Missouri
MOFINA052SCEN
Average Hourly Earnings of Production Employees: Manufacturing in Missouri
SMU29000003000000008A
Citation
U.S. Federal Reserve, Arts, Entertainment and Recreation Earnings in Missouri (MOEART), retrieved from FRED.