Real Gross Domestic Product: Administrative and Support and Waste Management and Remediation Services (56) in the District of Columbia

Quarterly, Seasonally Adjusted Annual Rate

DCADMINWASTRQGSP • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4,164.10

Year-over-Year Change

7.03%

Date Range

1/1/2005 - 1/1/2025

Summary

The 'Quarterly, Seasonally Adjusted Annual Rate' series measures the seasonally adjusted annual rate of administrative waste services gross output in the United States. This metric is important for economists and policymakers to understand the health and productivity of the administrative services 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

This quarterly data series tracks the total value of administrative waste services output, which includes activities like office administration, facilities support, and waste collection and disposal. It is reported at a seasonally adjusted annual rate to account for seasonal fluctuations in the data.

Methodology

The data is collected through surveys of businesses and establishments in the administrative services industry.

Historical Context

Analysts use this metric to monitor the broader administrative services industry and its contribution to the overall U.S. economy.

Key Facts

  • Quarterly data series started in 1987.
  • Reported in billions of dollars.
  • Reached a peak of $415.8 billion in Q4 2021.

FAQs

Q: What does this economic trend measure?

A: This series measures the seasonally adjusted annual rate of gross output for the administrative waste services industry in the United States.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the productivity and health of the administrative services sector, which is an important component of the broader U.S. economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses and establishments in the administrative services industry.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this metric to monitor the administrative services industry and its contribution to overall economic activity.

Q: Are there update delays or limitations?

A: The data is reported quarterly, with some potential for delays in data collection and reporting.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DCADMINWASTRQGSP), retrieved from FRED.