Chain-Type Quantity Index for Real GDP: Educational Services (61) in Delaware
DEEDCATQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.53
Year-over-Year Change
-0.22%
Date Range
1/1/2005 - 1/1/2025
Summary
The Chain-Type Quantity Index for Real GDP: Educational Services (61) in Delaware measures the real output of the educational services sector in the state. This metric is important for economists and policymakers to track productivity and growth in this key 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
The Chain-Type Quantity Index tracks changes in the real, inflation-adjusted output of the educational services sector in Delaware. It provides insights into the productivity and performance of this industry, which is a significant component of the state's overall economic activity.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-weighted methodology to track real output changes over time.
Historical Context
This index is used by analysts and policymakers to assess the economic health and competitive position of Delaware's educational services sector.
Key Facts
- The index has a base year of 2012.
- Educational services account for around 2% of Delaware's total GDP.
- The index reached a high of 103.36 in 2019.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Educational Services (61) in Delaware measures the real, inflation-adjusted output of the educational services sector in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the productivity and performance of Delaware's educational services industry, which is a significant 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 using a chain-weighted methodology to track real output changes over time.
Q: How is this trend used in economic policy?
A: This index is used by analysts and policymakers to assess the economic health and competitive position of Delaware's educational services sector.
Q: Are there update delays or limitations?
A: The index data is published regularly by the U.S. Federal Reserve, with occasional revisions to historical values.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Educational Services (61) in Delaware (DEEDCATQQGSP), retrieved from FRED.