Gross Domestic Product: Educational Services (61) in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DEEDCATNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
500.40
Year-over-Year Change
12.10%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (DEEDCATNQGSP) measures the quarterly change in U.S. gross state product (GSP) at an annualized rate, adjusting for seasonal variations.
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 series provides a comprehensive measure of economic output at the state level, allowing policymakers and analysts to track growth trends and compare performance across different regions of the country.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and estimates.
Historical Context
The GSP is a key indicator used by government and private sector economists to assess the health and trajectory of state and regional economies.
Key Facts
- The GSP covers all 50 U.S. states and the District of Columbia.
- The data is released on a quarterly basis, with a 2-month lag.
- GSP growth is a leading indicator of overall U.S. economic performance.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (DEEDCATNQGSP) measures the change in U.S. gross state product (GSP) on a quarterly basis, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The GSP is a key indicator of state-level economic activity, allowing policymakers and analysts to assess growth trends and compare performance across different regions of the country.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys and estimates.
Q: How is this trend used in economic policy?
A: The GSP is used by government and private sector economists to inform policy decisions and track the health of state and regional economies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a 2-month lag.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DEEDCATNQGSP), retrieved from FRED.