sector 410, 2008 output estimates

The 2008 output estimates for other amusements sector (410) are $60 million nationally and drop to $28 million in 2009. Employment, labor income and value added don't change much between 2008 and 2009. This yields a very low job to sales ratio for sector 410 in 2008, less than half of where it typically has been. Job to sales ratio jumps from 8.3 in 2008 to 17.2 in 2009. The pattern at national level holds also for local models. I wonder if there was a change or error in how the amusements sector output was estimated between 2008 and 2009.
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  • There was a change in how the numbers were estimated in 2009. We get our data from the BEA in the GDPbyInd_GO_NAICS_1998-200x.xls downloadable spreadsheet. The table shows the version available at the time of 2008 (2004-2007) and 2009 (2004-2008). [b]IO Code Description 2004 2005 2006 2007 2008[/b] 713A00 Amusement parks, arcades, and gambling industries 26236 26034 28745 31300 32264 713B00 Other amusement and recreation industries 32875 34892 37243 39147 38793 [b]IO Code Description 2004 2005 2006 2007 [/b] 713A00 Other amusement, gambling, and recreation industries 73189 75841 79225 80028 For 2008 data we used labor income to divide the Output ($millions) between 409 and 410. For 2009 data the BEA divided the data for us. As you can see in the 2009 data sets, the output to labor income ratio is much higher for 409 (which contains gambling - obvious after the fact) compared to sector 410 which does not. Also note, that the BEA methodology must have changed as the more current data combined is less than the previous year's estimate for all comparable data years.

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