Real Gross Domestic Product: Information (51) in the District of Columbia
DCINFORQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,324.30
Year-over-Year Change
18.02%
Date Range
1/1/2005 - 1/1/2025
Summary
The Real Gross Domestic Product: Information (51) in the District of Columbia measures the inflation-adjusted output of the information sector in the District's economy. This metric provides insight into the productivity and growth of one of the key industries in the nation's capital.
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 Real Gross Domestic Product: Information (51) in the District of Columbia represents the inflation-adjusted value-added output of the information sector, which includes industries like publishing, telecommunications, and data processing. This series is used by economists and policymakers to analyze the strength and competitiveness of the District's information industry.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their regional GDP estimates.
Historical Context
Trends in this metric can inform economic and workforce development policies in the District of Columbia.
Key Facts
- The information sector accounts for over 30% of the District's GDP.
- The District's information industry has grown faster than the national average over the past decade.
- Productivity in the District's information sector is among the highest in the country.
FAQs
Q: What does this economic trend measure?
A: The Real Gross Domestic Product: Information (51) in the District of Columbia measures the inflation-adjusted output of the information sector in the District's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productivity and growth of one of the key industries in the nation's capital, which is important for understanding the District's economic performance 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 as part of their regional GDP estimates.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform economic and workforce development policies in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Information (51) in the District of Columbia (DCINFORQGSP), retrieved from FRED.