Chain-Type Quantity Index for Real GDP: Management of Companies and Enterprises (55) in Delaware
DEMNGCOENTPRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.01
Year-over-Year Change
58.69%
Date Range
1/1/1997 - 1/1/2024
Summary
The Chain-Type Quantity Index for Real GDP: Management of Companies and Enterprises (55) in Delaware measures the real output of the management and enterprises sector in the state. This metric provides important insights into the economic health and productivity of a key industry in Delaware.
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, inflation-adjusted output of the management and enterprises sector in Delaware. It is a valuable indicator of industry performance and can help policymakers and analysts assess the state's economic trends and development.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using state-level GDP information.
Historical Context
This metric is used by economists, policymakers, and businesses to understand the broader economic landscape in Delaware.
Key Facts
- Delaware's management and enterprises sector accounts for a significant portion of the state's economic output.
- The index has shown steady growth in recent years, indicating a healthy and productive industry.
- Policymakers use this metric to track the competitiveness and productivity of Delaware's businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the management and enterprises sector in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the economic health and productivity of a key industry in Delaware, which is crucial for policymakers and businesses to understand the state's economic landscape.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using state-level GDP information.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to track the competitiveness and productivity of Delaware's businesses, which helps inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedules and potential revisions as other state-level GDP metrics published by the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Management of Companies and Enterprises (55) in Delaware (DEMNGCOENTPRQGSP), retrieved from FRED.