Expenses for Promoters of Performing Arts, Sports, and Similar Events, All Establishments, Employer Firms
POPASASEEAE37113 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,375.00
Year-over-Year Change
168.49%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend tracks expenses for promoters of performing arts, sports, and similar events across all U.S. employer firms. It provides insights into the financial health and activity of the entertainment and event promotion industries.
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 Expenses for Promoters of Performing Arts, Sports, and Similar Events metric represents the total operating expenses incurred by firms that organize and promote live entertainment, athletic, and similar events. This data point is used by economists to monitor the economic performance and spending patterns within the events and entertainment sector.
Methodology
The data is collected through surveys of U.S. businesses by the Census Bureau.
Historical Context
This metric is relevant for analyzing consumer and business spending trends, as well as the overall health of the entertainment and event promotion industries.
Key Facts
- Measured in millions of U.S. dollars.
- Covers firms that organize concerts, shows, athletic events, and similar entertainment.
- Can indicate changes in consumer demand and business investment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total operating expenses incurred by firms that organize and promote live entertainment, athletic, and similar events in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the financial health and activity of the entertainment and event promotion industries, which can indicate changes in consumer demand and business investment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is relevant for analyzing consumer and business spending trends, as well as the overall health of the entertainment and event promotion sectors, which are important contributors to the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published periodically by the Census Bureau, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Expenses for Promoters of Performing Arts, Sports, and Similar Events, All Establishments, Employer Firms (POPASASEEAE37113), retrieved from FRED.