Chain-Type Quantity Index for Real GDP: Miscellaneous Manufacturing (339) in the District of Columbia
DCMISCMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.97
Year-over-Year Change
89.38%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Miscellaneous Manufacturing (339) in the District of Columbia measures the inflation-adjusted output of this industry sector in the nation's capital. It is a key indicator of economic activity and productivity in the District.
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 changes in the real, or inflation-adjusted, value added by the miscellaneous manufacturing industry in Washington, D.C. over time. It is a component of the broader real GDP measure for the District and provides insight into the health and performance of this segment of the local economy.
Methodology
The data is calculated based on output quantities and prices collected by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and economists monitor this index to assess the broader economic conditions and trends within the District of Columbia.
Key Facts
- The index uses 2012 as the base year.
- Miscellaneous manufacturing includes industries like medical equipment, office supplies, and sporting goods.
- The District of Columbia accounts for a small share of national miscellaneous manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This index measures the inflation-adjusted output of the miscellaneous manufacturing industry in the District of Columbia, providing a gauge of productivity and economic activity in this sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers insights into the health and performance of a key component of the District's economy, which is important for policymakers, economists, and businesses to monitor.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on output quantities and prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess broader economic conditions and trends within the District of Columbia, which can inform decision-making and policy.
Q: Are there update delays or limitations?
A: There may be lags in data availability, as the index is updated periodically by the U.S. Bureau of Economic Analysis.
Related Trends
Real Gross Domestic Product: Textile Mills and Textile Product Mills (313-314) in the District of Columbia
DCTEXTRGSP
Number of Identified Exporters to Poland from District of Columbia
DCPOLA475SCEN
Gross Domestic Product: Transportation and Utilities (22, 48-49) in the District of Columbia
DCTRANSUTILNGSP
All Employees: Professional and Business Services: Legal Services in District of Columbia
SMU11000006054110001
Business Applications from Corporations for District of Columbia
CBUSAPPWNSADC
Chain-Type Quantity Index for Real GDP: Health Care and Social Assistance (62) in the District of Columbia
DCHLTHSOCASSQGSP
Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Miscellaneous Manufacturing (339) in the District of Columbia (DCMISCMANQGSP), retrieved from FRED.