Chain-Type Quantity Index for Real GDP: Funds, Trusts, and Other Financial Vehicles (525) in Delaware
DEFNDTRSTQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.05
Year-over-Year Change
-92.95%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Funds, Trusts, and Other Financial Vehicles (525) in Delaware measures the inflation-adjusted output of financial institutions 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 economic activity of financial firms, funds, and investment vehicles located in Delaware. It is used by policymakers and analysts to understand the contribution of the financial sector to the state's overall economic performance.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-weighted index methodology.
Historical Context
This metric helps inform decisions around financial services regulation and economic development policies in Delaware.
Key Facts
- Delaware is a major financial hub in the U.S.
- The financial sector accounts for over 25% of Delaware's GDP.
- This index has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This index measures the inflation-adjusted output of financial institutions, funds, and investment vehicles located in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: The performance of Delaware's financial sector is a key indicator of the state's overall economic health and an important input for policymakers and analysts.
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 index methodology.
Q: How is this trend used in economic policy?
A: This metric helps inform decisions around financial services regulation and economic development policies in Delaware.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Funds, Trusts, and Other Financial Vehicles (525) in Delaware (DEFNDTRSTQGSP), retrieved from FRED.