Gross Domestic Product: Administrative and Support and Waste Management and Remediation Services (56) in the District of Columbia
Quarterly, Seasonally Adjusted Annual Rate
DCADMINWASTNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,189.20
Year-over-Year Change
21.91%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted annual rate of change in administrative and waste services GDP, providing insights into the performance of the administrative and waste management sectors.
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 Quarterly, Seasonally Adjusted Annual Rate of Administrative and Waste Services GDP is an important indicator that tracks the economic output of industries engaged in administrative support, waste management, and remediation services. It is used by economists and policymakers to assess the health and growth of these service-oriented sectors.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and industry-level GDP measurements.
Historical Context
This trend is closely monitored by analysts and policymakers to understand broader economic conditions and identify emerging trends in the services industry.
Key Facts
- Administrative and waste services account for over 8% of U.S. GDP.
- This sector grew by 3.2% in the most recent quarter.
- The trend has shown steady expansion over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted annual rate of change in the GDP of the administrative and waste services sector, which includes industries engaged in administrative support, waste management, and remediation services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the performance and growth of a significant services industry, which is closely watched by economists and policymakers to assess broader economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts and industry-level GDP measurements.
Q: How is this trend used in economic policy?
A: This trend is used by analysts, economists, and policymakers to monitor the health and growth of the administrative and waste services sector, which has implications for employment, investment, and the broader services industry.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of 2-3 months. The seasonally adjusted annual rate may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DCADMINWASTNQGSP), retrieved from FRED.