Arts, Entertainment and Recreation Earnings in North Dakota
NDEART • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
309,854.00
Year-over-Year Change
57.26%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Arts, Entertainment and Recreation Earnings in North Dakota' trend measures average weekly earnings in the arts, entertainment, and recreation industry for the state of North Dakota. This data provides insight into the economic performance of a key service 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 North Dakota's arts, entertainment, and recreation industry. It serves as a barometer for the financial health and labor market conditions within this important service-providing sector.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to gauge the economic vitality of North Dakota's leisure and hospitality industry.
Key Facts
- North Dakota's arts and entertainment earnings averaged $501 per week in 2022.
- The industry accounts for over 15,000 jobs in the state.
- Earnings in this sector have grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of workers in North Dakota's arts, entertainment, and recreation industry.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the financial health and labor market conditions within an important service-providing sector of North Dakota's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the economic vitality of North Dakota's leisure and hospitality industry.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Arts, Entertainment and Recreation Earnings in North Dakota (NDEART), retrieved from FRED.