Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Delaware
DEAMBHCQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.38
Year-over-Year Change
37.74%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Delaware measures the volume of economic output in this sector over time, providing insight into the state's healthcare industry.
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 output of ambulatory healthcare services in Delaware, which includes outpatient clinics, medical laboratories, and other providers. It is a valuable indicator of the state's healthcare industry performance and economic activity.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and economic modeling.
Historical Context
Policymakers and analysts use this metric to evaluate trends in Delaware's healthcare sector and its broader economic implications.
Key Facts
- The index is measured with a base year of 2012.
- Ambulatory healthcare accounts for about 5% of Delaware's total GDP.
- The index has shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This index measures the volume of real economic output in the ambulatory healthcare services sector in Delaware, including outpatient clinics, medical labs, and other providers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the performance and growth of Delaware's healthcare industry, which is an important component of the state's overall economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and economic modeling.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to evaluate trends in Delaware's healthcare sector and its broader economic implications, informing policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a delay of several months between the reference period and publication.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Delaware (DEAMBHCQGSP), retrieved from FRED.