Total Revenue for Graphic Design Services, Establishments Subject to Federal Income Tax, Employer Firms
REVEF54143TAXABL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,610.00
Year-over-Year Change
70.91%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic indicator tracks the total revenue for graphic design services establishments subject to federal income tax in the United States. It provides insights into the financial health and activity within the graphic design industry.
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 Graphic Design Services, Establishments Subject to Federal Income Tax, Employer Firms series measures the total revenue generated by graphic design services businesses that are subject to federal income tax and employ workers. This metric is a key indicator of the economic performance and scale of the graphic design services sector.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
This trend is useful for policymakers, economists, and industry analysts to monitor the financial conditions and growth trends within the graphic design services market.
Key Facts
- The graphic design services industry generated over $15 billion in total revenue in the latest year.
- Revenue for graphic design services has grown by over 30% in the past decade.
- Small businesses account for the majority of graphic design services revenue.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by graphic design services establishments in the United States that are subject to federal income tax and employ workers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the financial health, activity, and growth trends within the graphic design services industry, which is a key part of the broader services sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this data to monitor the performance and conditions within the graphic design services market, which can inform economic and industry-specific policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Revenue for Graphic Design Services, Establishments Subject to Federal Income Tax, Employer Firms (REVEF54143TAXABL), retrieved from FRED.