Real Gross Domestic Product: Finance and Insurance (52) in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DEFININSRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,521.60
Year-over-Year Change
-4.01%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (DEFININSRQGSP) measures the seasonally adjusted annualized rate of gross state product in the United States, providing insights into the overall economic performance of individual states.
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 economic trend represents the seasonally adjusted annualized rate of change in each state's gross domestic product, which is a key indicator of economic growth and the overall health of regional economies across the country.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of economic indicators and statistical models.
Historical Context
Policymakers and analysts use this data to assess the economic performance and development of individual states and regions.
Key Facts
- The DEFININSRQGSP data is released quarterly by the U.S. Bureau of Economic Analysis.
- This metric adjusts for seasonal variations in economic activity across the states.
- Analyzing DEFININSRQGSP can help identify economic trends and guide policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (DEFININSRQGSP) measures the seasonally adjusted annualized rate of change in each state's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the overall economic performance and growth of individual states, which is crucial for policymakers, businesses, and economists to understand regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of economic indicators and statistical models.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the economic performance and development of individual states and regions, which can inform policy decisions and guide economic development strategies.
Q: Are there update delays or limitations?
A: The DEFININSRQGSP data is released quarterly, so there may be a short delay in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DEFININSRQGSP), retrieved from FRED.