Gross Domestic Product: Publishing Industries (Except Internet) (511) in Arkansas
ARPUBINDNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
327.30
Year-over-Year Change
-40.69%
Date Range
1/1/1997 - 1/1/2023
Summary
The Gross Domestic Product (GDP) for the Publishing Industries (Except Internet) (NAICS 511) sector in Arkansas measures the total economic output of this industry within the state. It provides insights into the health and trends of this key industry.
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 Publishing Industries (Except Internet) GDP series tracks the total value added by this sector to the overall state economy. It is an important indicator of the productivity and competitiveness of Arkansas' publishing industry, which includes newspapers, periodicals, books, and other print and digital publishing activities.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This GDP metric is used by policymakers, researchers, and industry analysts to assess the economic performance and outlook for Arkansas' publishing sector.
Key Facts
- Arkansas' publishing GDP was $839 million in 2021.
- The publishing sector accounts for 1.3% of Arkansas' total GDP.
- Publishing GDP in Arkansas has grown 2.8% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total economic output or value added by the Publishing Industries (Except Internet) sector within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of Arkansas' publishing industry, which is an important part of the state's economy. It is used by policymakers, researchers, and industry analysts to assess the sector's productivity and competitiveness.
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 national accounting principles.
Q: How is this trend used in economic policy?
A: This GDP metric is used by policymakers, researchers, and industry analysts to assess the economic performance and outlook for Arkansas' publishing sector, which informs policy decisions and industry strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, so there may be some delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Publishing Industries (Except Internet) (511) in Arkansas (ARPUBINDNGSP), retrieved from FRED.