Total Revenue for Amusement Parks and Arcades, Establishments Subject to Federal Income Tax

REV7131TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6,499.00

Year-over-Year Change

14.06%

Date Range

1/1/2009 - 1/1/2025

Summary

This economic trend measures total revenue for amusement parks and arcades subject to federal income tax. It provides insight into the financial performance of this sector and consumer demand for recreational activities.

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 Total Revenue for Amusement Parks and Arcades, Establishments Subject to Federal Income Tax indicator tracks the aggregate revenue generated by these entertainment businesses that are required to pay federal taxes. This metric is used by economists and industry analysts to assess the overall health and outlook of the amusement and recreation industry.

Methodology

The data is collected through surveys of businesses in this sector and compiled by the U.S. Census Bureau.

Historical Context

This trend offers valuable context for evaluating the consumer leisure and hospitality market, which is an important component of the broader U.S. economy.

Key Facts

  • This data series began in 1992.
  • Amusement parks and arcades contribute over $25 billion to the U.S. GDP annually.
  • The industry employs more than 400,000 workers across the country.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total revenue generated by amusement parks, arcades, and other recreational establishments that are subject to federal income tax.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into consumer demand and financial performance within the amusement and leisure industry, which is an important part of the broader U.S. economy.

Q: How is this data collected or calculated?

A: The data is compiled by the U.S. Census Bureau based on surveys of businesses in this sector.

Q: How is this trend used in economic policy?

A: Analysts and policymakers monitor this indicator to assess the health of the consumer leisure market and its potential impact on the overall economy.

Q: Are there update delays or limitations?

A: This data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Total Revenue for Amusement Parks and Arcades, Establishments Subject to Federal Income Tax (REV7131TAXABL144QNSA), retrieved from FRED.