Haya El Nasser’s Post

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Digital Content Strategist at U.S. Census Bureau

Unlike select industries supporting traditional media, industries mainly providing internet-based services showed significant gains from 2015 to 2022. The U.S. Census Bureau's 2022 Service Annual Survey (SAS) estimates that revenue of employer firms in the #Internet #Publishing and #Broadcasting and #Web Search Portals industry soared 181.9% from $120.2 billion in 2015 to $338.7 billion in 2022. This industry, which includes firms that provide social media and video and audio streaming services, has been one of the Information sector's largest revenue contributor in 2020: one-year revenue increased by $27.0B and jumped another $66.1B the following year. In contrast, revenue of industries not dependent on the internet to disseminate their services such as #Radio Stations and #Newspaper Publishers did not enjoy the same revenue hikes. #AmericaCounts

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