Real Gross Domestic Product: Ambulatory Health Care Services (621) in Delaware
DEAMBHCRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,400.00
Year-over-Year Change
37.74%
Date Range
1/1/1997 - 1/1/2023
Summary
This trend measures the real gross domestic product (GDP) of the ambulatory health care services sector in Delaware. It provides insight into the economic performance and growth of this critical healthcare industry within the state.
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: Ambulatory Health Care Services (621) in Delaware series tracks the inflation-adjusted economic output of the ambulatory health care services industry in the state. This metric is widely used by economists and policymakers to assess the health and dynamics of Delaware's healthcare sector.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
Analyzing this trend can inform healthcare and economic development policies in Delaware.
Key Facts
- Delaware's ambulatory health care services sector accounts for over 5% of the state's GDP.
- This industry has experienced consistent real GDP growth of around 3% annually over the past decade.
- Ambulatory health care services is one of the fastest-growing segments of Delaware's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) gross domestic product of the ambulatory health care services industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the performance of Delaware's ambulatory health care services sector provides valuable insights into the health and dynamics of this critical industry within the state's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Q: How is this trend used in economic policy?
A: Analyzing this trend can inform healthcare and economic development policies in Delaware, as the ambulatory health care services industry is a major contributor to the state's GDP.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months, so there may be a short delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Ambulatory Health Care Services (621) in Delaware (DEAMBHCRGSP), retrieved from FRED.