Chain-Type Quantity Index for Real GDP: Broadcasting (Except Internet) and Telecommunications (515, 517) in Delaware
DEBRDTELEQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.11
Year-over-Year Change
41.97%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Broadcasting (Except Internet) and Telecommunications (515, 517) in Delaware measures the inflation-adjusted output of this economic sector in 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
This index tracks the real GDP, or total economic output, of the broadcasting and telecommunications industries in Delaware. It is used by economists and policymakers to analyze trends in this important service sector.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chained-dollar approach.
Historical Context
Monitoring this index helps inform decisions related to infrastructure, technology, and economic development policies.
Key Facts
- Delaware's broadcasting and telecom sector accounts for a significant portion of the state's economy.
- The index has shown steady growth over the past decade, reflecting the sector's importance.
- Policymakers use this data to guide investments in digital infrastructure and technology.
FAQs
Q: What does this economic trend measure?
A: This index measures the inflation-adjusted output or real GDP of the broadcasting and telecommunications industries in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this index helps economists and policymakers understand the performance and importance of this key service sector in Delaware's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a chained-dollar approach to measure real GDP.
Q: How is this trend used in economic policy?
A: This index informs decisions related to infrastructure, technology, and economic development policies, as the broadcasting and telecom sector is crucial for Delaware's economy.
Q: Are there update delays or limitations?
A: The data is released with a lag, but it provides a reliable, comprehensive view of this economic sector in Delaware.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Broadcasting (Except Internet) and Telecommunications (515, 517) in Delaware (DEBRDTELEQGSP), retrieved from FRED.