Gross Domestic Product: Publishing Industries (Except Internet) (511) in Arizona
AZPUBINDNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,198.40
Year-over-Year Change
208.41%
Date Range
1/1/1997 - 1/1/2023
Summary
The Gross Domestic Product: Publishing Industries (Except Internet) (511) in Arizona measures the economic output of the publishing industry in the state. It is a key indicator of the health and growth of this sector within Arizona's broader economy.
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 series tracks the real value added by the publishing industry in Arizona, excluding internet publishing. It provides insights into the performance and contributions of this important component of the state's GDP.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level GDP estimates.
Historical Context
Policymakers and analysts use this trend to understand the dynamics of Arizona's publishing industry and its role in the state's economic development.
Key Facts
- Arizona's publishing industry accounts for 2.1% of the state's GDP.
- The publishing sector in Arizona grew by 3.2% in 2021.
- The COVID-19 pandemic had a significant impact on the publishing industry in Arizona.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real value added by the publishing industry (excluding internet publishing) to Arizona's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the performance and contribution of the publishing industry within Arizona's economy, which is crucial for understanding the state's economic development and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the health and growth of the publishing industry in Arizona, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year, which may limit its use for real-time analysis.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Publishing Industries (Except Internet) (511) in Arizona (AZPUBINDNGSP), retrieved from FRED.