Real Gross Domestic Product: Durable Goods Manufacturing (321, 327-339) in Arkansas
Quarterly, Seasonally Adjusted Annual Rate
ARDURMANRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,598.50
Year-over-Year Change
8.92%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (ARDURMANRQGSP) measures the annualized growth rate of real gross state product (GSP) for the manufacturing sector, adjusted for seasonal variations.
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
This economic indicator provides insight into the health and productivity of the manufacturing industry across U.S. states. It is a closely watched metric used by economists, policymakers, and business leaders to assess regional economic conditions and trends.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a proprietary seasonal adjustment process.
Historical Context
This metric informs decisions around economic development, trade, and industrial policies.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- The manufacturing sector employs over 12 million workers in the U.S.
- Productivity growth in manufacturing outpaces the overall economy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (ARDURMANRQGSP) measures the annualized growth rate of real gross state product (GSP) for the manufacturing sector, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the health and productivity of the manufacturing industry across U.S. states, informing economic development, trade, and industrial policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a proprietary seasonal adjustment process.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and business leaders to assess regional economic conditions and trends, informing decisions around economic development, trade, and industrial policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short publication delay.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (ARDURMANRQGSP), retrieved from FRED.