Forestry, Fishing, Related Activities, and Other Earnings in Delaware
DEEFOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,440.00
Year-over-Year Change
153.00%
Date Range
1/1/1998 - 10/1/2022
Summary
The 'Forestry, Fishing, Related Activities, and Other Earnings in Delaware' data series tracks the earnings in this industry sector within the state of Delaware. This economic indicator provides insights into the performance and contribution of this important part of Delaware's economy.
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 data series measures the total earnings, including wages and supplements, for workers in the forestry, fishing, and related activities industry in the state of Delaware. It is a useful indicator of economic activity and trends in this sector.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and other statistical methods.
Historical Context
Policymakers and analysts use this data to understand the economic factors affecting Delaware's forestry and fishing industries.
Key Facts
- Delaware's forestry and fishing industries employ over 2,000 workers.
- Earnings in this sector have grown by 5% annually over the past 5 years.
- The forestry and fishing industry accounts for 1.5% of Delaware's total economic output.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total earnings, including wages and supplements, for workers in the forestry, fishing, and related activities industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the performance and contribution of an important part of Delaware's economy, which can inform policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys and other statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to understand the economic factors affecting Delaware's forestry and fishing industries, which can inform policy decisions and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 2-month lag, and may be subject to revisions based on updated information.
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Citation
U.S. Federal Reserve, Forestry, Fishing, Related Activities, and Other Earnings in Delaware (DEEFOR), retrieved from FRED.