Chain-Type Quantity Index for Real GDP: Federal Civilian in Delaware
DEGOVFEDCIVQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.77
Year-over-Year Change
31.92%
Date Range
1/1/1997 - 1/1/2024
Summary
The Chain-Type Quantity Index for Real GDP: Federal Civilian in Delaware measures the economic output of the federal civilian sector in the state of Delaware, adjusted for inflation.
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 provides a comprehensive measure of the real, inflation-adjusted economic activity of the federal civilian government in Delaware. It is a valuable indicator for economists and policymakers assessing the state's economic performance and the role of the public sector.
Methodology
The index is calculated by the U.S. Bureau of Economic Analysis using data on government spending and employment.
Historical Context
The trend is used to analyze the contribution of the federal civilian government to Delaware's overall economic growth and development.
Key Facts
- The index is published quarterly by the U.S. Bureau of Economic Analysis.
- The base year for the index is 2012.
- Delaware's federal civilian sector accounts for a significant portion of the state's economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted economic output of the federal civilian government in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the role and contribution of the public sector to Delaware's overall economic performance, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Economic Analysis using data on government spending and employment.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the impact of the federal civilian government on Delaware's economic growth and development, informing policy decisions.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a typical release delay of several months.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Federal Civilian in Delaware (DEGOVFEDCIVQGSP), retrieved from FRED.