Gross Domestic Product: Printing and Related Support Activities (323) in Arkansas
ARPRNTNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
280.30
Year-over-Year Change
8.69%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the gross domestic product (GDP) for the printing and related support activities industry (NAICS 323) in the state of Arkansas. It provides insight into the economic output and performance of this important manufacturing sector.
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
The Gross Domestic Product: Printing and Related Support Activities (323) in Arkansas series tracks the total economic output generated by businesses in the printing and related support activities industry within the state. This data is used by economists and policymakers to analyze the health and trends of this key manufacturing industry and its contribution to the state's overall economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established GDP accounting principles.
Historical Context
This economic indicator is valuable for understanding the competitive position and growth drivers of Arkansas' printing and publishing industry and how it compares to other states.
Key Facts
- Arkansas' printing industry GDP was $1.2 billion in 2021.
- Printing and related support activities account for 1.3% of Arkansas' total GDP.
- The industry employs over 7,000 workers in Arkansas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total economic output or gross domestic product (GDP) generated by businesses in the printing and related support activities industry (NAICS 323) within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the performance and competitiveness of Arkansas' printing industry, which is an important manufacturing sector and contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established GDP accounting principles.
Q: How is this trend used in economic policy?
A: This indicator is used by economists, industry analysts, and policymakers to understand the health and growth trends of Arkansas' printing industry and its role in the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with a lag of several months after the end of each quarter.
Related Trends
State Tax Collections: T51 Documentary and Stock Transfer Taxes for Arkansas
QTAXT51QTAXCAT3ARNO
Gross Domestic Product: Paper Manufacturing (322) in Arkansas
ARPAPMANNGSP
Real Gross Domestic Product: Transit and Ground Passenger Transportation (485) in Arkansas
ARTRANGRNDTRANRGSP
Chain-Type Quantity Index for Real GDP: Nondurable Goods Manufacturing (311-316, 322-326) in Arkansas
ARNDURMANQGSP
Monthly State Retail Sales: Building Material and Garden Equipment and Supplies Dealers in Arkansas
MSRSAR444
State Tax Collections: T27 Public Utilities License for Arkansas
QTAXT27QTAXCAT3ARNO
Citation
U.S. Federal Reserve, Gross Domestic Product: Printing and Related Support Activities (323) in Arkansas (ARPRNTNGSP), retrieved from FRED.