Chain-Type Quantity Index for Real GDP: Mining, Quarrying, and Oil and Gas Extraction (21) in Delaware
Quarterly, Seasonally Adjusted
DEMINQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.27
Year-over-Year Change
1190.70%
Date Range
1/1/2006 - 10/1/2022
Summary
The Quarterly, Seasonally Adjusted series measures the quarterly growth rate of real gross state product, a key indicator of economic activity and performance at the state level.
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 series tracks the quarter-over-quarter percent change in real gross state product, which represents the total economic output of a U.S. state adjusted for inflation. It is a widely-used metric for analyzing state-level economic trends and informing policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is closely monitored by state governments, economists, and market analysts to gauge regional economic conditions and growth.
Key Facts
- Quarterly data series dating back to 1963.
- Measures the inflation-adjusted change in state economic output.
- Used to track regional business cycles and identify growth trends.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the quarter-over-quarter percent change in real gross state product, which represents the total economic output of a U.S. state adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of state-level economic activity and performance, and is closely monitored by governments, economists, and market analysts to gauge regional economic conditions and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This metric informs policy decisions at the state level by providing insights into regional economic conditions and growth trends.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with some lag from the end of the reference period.
Related Trends
Poverty Universe, Age 5-17 related for Delaware
PUA5T17RDE10000A647NCEN
All Employees: Durable Goods: Transportation Equipment Manufacturing in Delaware
SMU10000003133600001A
All Marginally Attached Workers for Delaware
ALLMARGATDE
Coefficient for Industrial Carbon Dioxide Emissions, Motor Gasoline for Delaware
EMISSCO2CMGICBDEA
Total Deposits in Commercial Nonmember Banks in Delaware
X08TDCBNMBTDE
Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for Delaware
EMISSCO2CDFICBDEA
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (DEMINQQGSP), retrieved from FRED.