Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (334) in the District of Columbia
DCCPUELCPMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.52
Year-over-Year Change
183.50%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (334) in the District of Columbia measures the volume of economic output in this industry. It is an important indicator for analyzing productivity, competitiveness, and structural changes in the local 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 index tracks the real, inflation-adjusted quantity of goods and services produced by the computer and electronic product manufacturing industry in the District of Columbia. It is a component of the broader real GDP index and provides granular insights on a key sector of the regional economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using production surveys and other statistical sources.
Historical Context
Policymakers and analysts use this index to understand the performance and contribution of the technology manufacturing industry to the District's economic growth.
Key Facts
- The index uses 2012 as the base year.
- It reached a peak value of 135.21 in 2016.
- The industry accounts for approximately 5% of D.C.'s total GDP.
FAQs
Q: What does this economic trend measure?
A: This index measures the real, inflation-adjusted quantity of goods and services produced by the computer and electronic product manufacturing industry in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This industry-specific index provides valuable insights into the performance and contribution of technology manufacturing to the District's overall economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using production surveys and other statistical sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to understand the role of the technology manufacturing industry in the District of Columbia's economic development and to inform policy decisions.
Q: Are there update delays or limitations?
A: The index is published quarterly with a typical lag of 2-3 months from the end of the reference period.
Related Trends
Estimate of People Age 0-17 in Poverty in District of Columbia
PEU18DC11000A647NCEN
Average Hourly Earnings of All Employees: Professional and Business Services in District of Columbia
SMU11000006000000003
Gross Domestic Product: Motion Picture and Sound Recording Industries (512) in the District of Columbia
DCMOTPICSNDNGSP
Real Gross Domestic Product: Chemical Manufacturing (325) in the District of Columbia
DCCHEMMANRGSP
Real Gross Domestic Product: Transit and Ground Passenger Transportation (485) in the District of Columbia
DCTRANGRNDTRANRGSP
Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in the District of Columbia
DCOTHSERVENGSP
Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (334) in the District of Columbia (DCCPUELCPMANQGSP), retrieved from FRED.