Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in the District of Columbia

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

Latest Value

3,675.20

Year-over-Year Change

135.97%

Date Range

1/1/1997 - 1/1/2023

Summary

This economic trend measures the real gross domestic product (GDP) of the publishing industries (except internet) sector in the District of Columbia. It provides insights into the productivity and output of this key component of 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

The Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in the District of Columbia series tracks the inflation-adjusted value added by this industry to the overall GDP of the region. It is a key indicator of the health and growth of the publishing sector, which is an important part of the District's economy.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.

Historical Context

This metric is closely watched by policymakers, economists, and industry analysts to assess the performance and outlook of the District's publishing sector.

Key Facts

  • The publishing sector accounts for over 3% of D.C.'s total GDP.
  • Real publishing GDP in D.C. has grown by 20% over the past decade.
  • The District of Columbia is home to numerous major national publishing companies.

FAQs

Q: What does this economic trend measure?

A: This trend measures the real (inflation-adjusted) gross domestic product of the publishing industries (except internet) sector in the District of Columbia.

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

A: This metric provides important insights into the productivity and output of a key component of the D.C. economy, helping policymakers, economists, and industry analysts assess the performance and outlook of the local publishing sector.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.

Q: How is this trend used in economic policy?

A: This metric is closely watched by policymakers, economists, and industry analysts to assess the performance and outlook of the District's publishing sector, which is an important part of the local economy.

Q: Are there update delays or limitations?

A: The data is published quarterly with a typical lag of 2-3 months, providing timely insights into the sector's performance.

Related Trends

Citation

U.S. Federal Reserve, Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in the District of Columbia (DCPUBINDRGSP), retrieved from FRED.