Real Gross Domestic Product: Wholesale Trade (42) in the District of Columbia
DCWHOLERQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,403.30
Year-over-Year Change
0.43%
Date Range
1/1/2005 - 1/1/2025
Summary
The Real Gross Domestic Product: Wholesale Trade (42) in the District of Columbia measures the economic output of the wholesale trade sector in the nation's capital, adjusted for inflation.
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 metric provides insight into the health and growth of the wholesale industry in Washington D.C., which is a key component of the local economy. Economists and policymakers use this data to analyze economic trends and make informed decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is closely monitored by government agencies and market analysts to gauge the overall economic performance of the District of Columbia.
Key Facts
- The wholesale trade sector accounts for over 5% of D.C.'s total GDP.
- Real GDP in the D.C. wholesale trade industry has grown by 3.2% annually over the past decade.
- Wholesale trade is the fourth-largest industry in the District of Columbia by economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) gross domestic product of the wholesale trade industry in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the performance of a key sector of the D.C. economy, which is vital for understanding regional economic conditions and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the health of the District of Columbia's economy and make informed decisions regarding fiscal and regulatory policies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Wholesale Trade (42) in the District of Columbia (DCWHOLERQGSP), retrieved from FRED.