{"id":619,"date":"2015-04-09T14:43:22","date_gmt":"2015-04-09T19:43:22","guid":{"rendered":"https:\/\/www.whitehutchinson.com\/blog\/?p=619"},"modified":"2015-04-09T14:43:22","modified_gmt":"2015-04-09T19:43:22","slug":"update-on-location-based-entertainment-spending-trend","status":"publish","type":"post","link":"https:\/\/www.whitehutchinson.com\/blog\/2015\/04\/update-on-location-based-entertainment-spending-trend\/","title":{"rendered":"Update on location-based entertainment spending trend"},"content":{"rendered":"<p>Our company has been tracking the long-term trend in location-based entertainment spending that has shown a decline started around the turn of the century. We now have new, more current data thru June 2014 and it appears that trend is continuing.<\/p>\n<p>The U.S. <em>Bureau of Labor Statistic\u2019s<\/em> Consumer Expenditure Survey is an incredible resource for analyzing consumer spending and participation trends. It has been published on a calendar year basis. However, starting in 2012,\u00a0<em>BLS<\/em> also started publishing a midyear update. They have just released the midyear update for July 2013 thru June 2014. So we now have three consecutive midyears of reports to look for trends.<\/p>\n<p>The midyear reports don\u2019t break spending into the finer segments that the annual data allows. They only report entertainment in a very broad category of fees and admissions that includes all recreation expenses; social, recreation and health club memberships; fees for participant sports; admissions to cinemas, theaters, amusement parks, museums, sporting events and other similar venues; and recreational lessons. Nevertheless, the broad category is still a good indication of out-of-home entertainment and recreation spending.<\/p>\n<p>Since 2000, we have seen an overall decline in location-based entertainment, sports, recreation and club spending. Inflation-adjusted, it is down by 21% from 2000 spending and down by nearly\u00a0one-quarter (23%) from its high point right before the start of the Great Recession.<\/p>\n<p><a href=\"https:\/\/www.whitehutchinson.com\/blog\/wp-content\/uploads\/2015\/04\/Average-household-spending-on-entertainment-fees-admissions-copy.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-620\" src=\"https:\/\/www.whitehutchinson.com\/blog\/wp-content\/uploads\/2015\/04\/Average-household-spending-on-entertainment-fees-admissions-copy-1024x541.jpg\" alt=\"Average household spending on entertainment fees admissions copy\" width=\"640\" height=\"338\" srcset=\"https:\/\/www.whitehutchinson.com\/blog\/wp-content\/uploads\/2015\/04\/Average-household-spending-on-entertainment-fees-admissions-copy-1024x541.jpg 1024w, https:\/\/www.whitehutchinson.com\/blog\/wp-content\/uploads\/2015\/04\/Average-household-spending-on-entertainment-fees-admissions-copy-300x158.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>The new midyear report confirms the downward spending trend is continuing. Average inflation-adjusted household spending for this broad category of entertainment declined by 9% between the July-June midyear ending in 2012 and the most current one ending June 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our company has been tracking the long-term trend in location-based entertainment spending that has shown a decline started around the turn of the century. We now have new, more current data thru June 2014 . . . <a href=\"https:\/\/www.whitehutchinson.com\/blog\/2015\/04\/update-on-location-based-entertainment-spending-trend\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[160,229,17,37],"tags":[167,296,11,87,168,82,85],"class_list":["post-619","post","type-post","status-publish","format-standard","hentry","category-consumer-expenditures","category-entertainment-2","category-location-based-entertainment","category-out-of-home-2","tag-admissions","tag-average","tag-entertainment","tag-expenditure","tag-fees","tag-household","tag-trend"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4dB0k-9Z","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/posts\/619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/comments?post=619"}],"version-history":[{"count":2,"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/posts\/619\/revisions"}],"predecessor-version":[{"id":622,"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/posts\/619\/revisions\/622"}],"wp:attachment":[{"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/media?parent=619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/categories?post=619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.whitehutchinson.com\/blog\/wp-json\/wp\/v2\/tags?post=619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}