Source: U.S. Bureau of Economic Analysis
This industry group includes the NAICS sectors of performing arts, spectator sports, and related industries; and museums, historical sites, and similar institutions.
Industries in the Performing Arts, Spectator Sports, and Related Industries group establishments that produce or organize and promote live presentations involving the performances of actors and actresses, singers, dancers, musical groups and artists, athletes, and other entertainers, including independent (i.e., freelance) entertainers and the establishments that manage their careers. The classification recognizes four basic processes: (1) producing (i.e., presenting) events; (2) organizing, managing, and/or promoting events; (3) managing and representing entertainers; and (4) providing the artistic, creative and technical skills necessary to the production of these live events. Also, this subsector contains four industries for performing arts companies. Each is defined on the basis of the particular skills of the entertainers involved in the presentations. Excluded from this subsector are nightclubs.
Industries in the Museums, Historical Sites, and Similar Institutions subsector engage in the preservation and exhibition of objects, sites, and natural wonders of historical, cultural, and/or educational value.
Consists of all counties in a state that are parts of metropolitan statistical areas.
For more information about this release go to http://www.bea.gov/newsreleases/regional/gdp_metro/gdp_metro_newsrelease.htm.
U.S. Bureau of Economic Analysis, Quantity Indexes for Real GDP: Private Industries: Arts, Entertainment, Recreation, Accommodation, and Food Services: Arts, Entertainment, and Recreation: Performing Arts, Spectator Sports, Museums, and Related Activities for United States Metropolitan Portion [QGMPPRFRMSPRTMSMUSMP], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/QGMPPRFRMSPRTMSMUSMP, December 5, 2020.