Gross Domestic Product: Amusement, Gambling, and Recreation Industries (713) in Delaware
DEAMUSENGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
398.10
Year-over-Year Change
13.74%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the gross domestic product (GDP) of the amusement, gambling, and recreation industries in the state of Delaware. It is an important indicator of economic activity and performance within this key sector.
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 DEAMUSENGSP series tracks the total value of goods and services produced by the amusement, gambling, and recreation industries in Delaware. This metric provides insight into the health and contribution of this industry to the state's overall economic output.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this trend to assess the performance and significance of the recreation and entertainment sector within Delaware's economy.
Key Facts
- Delaware's amusement, gambling, and recreation GDP was $1.37 billion in 2021.
- This sector accounts for 2.5% of Delaware's total economic output.
- The trend has grown by 18.7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the gross domestic product (GDP) of the amusement, gambling, and recreation industries in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the performance and significance of the recreation and entertainment sector within Delaware's overall economy.
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 analysts use this trend to assess the health and contribution of Delaware's amusement, gambling, and recreation industries.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 3-month release lag.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Amusement, Gambling, and Recreation Industries (713) in Delaware (DEAMUSENGSP), retrieved from FRED.