Real Gross Domestic Product: Management of Companies and Enterprises (55) in Delaware
DEMNGCOENTPRRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,110.70
Year-over-Year Change
58.69%
Date Range
1/1/1997 - 1/1/2024
Summary
This economic trend measures the real gross domestic product (GDP) of the management of companies and enterprises sector in Delaware. It provides insights into the productivity and growth of this key industry within the state's economy.
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
The Real Gross Domestic Product: Management of Companies and Enterprises (55) in Delaware series tracks the inflation-adjusted output of the management of companies and enterprises sector in the state. This metric is used by economists and policymakers to analyze the health and competitiveness of Delaware's business services industry.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This trend is relevant for understanding Delaware's economic performance and the role of the management services sector in the state's overall growth.
Key Facts
- Delaware's management of companies and enterprises sector accounts for a significant portion of the state's GDP.
- This industry has experienced steady growth over the past decade, outpacing the national average.
- The management of companies and enterprises sector is a key driver of Delaware's economy and a major employer in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of the management of companies and enterprises sector in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the productivity and growth of a key industry within Delaware's economy, which is useful for economists and policymakers analyzing the state's economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand the role of the management services sector in Delaware's overall economic growth and development.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the U.S. Bureau of Economic Analysis, which may result in slight delays in availability.
Related Trends
Chain-Type Quantity Index for Real GDP: Information (51) in Delaware
DEINFOQGSP
Number of Nonmember Commercial Banks in Delaware
X08CBNMBTDE
Employment Level for Delaware
EMPLOYDE
Coefficient for Commercial Carbon Dioxide Emissions, Distillate Fuel for Delaware
EMISSCO2CDFCCBDEA
Industrial Carbon Dioxide Emissions, Natural Gas for Delaware
EMISSCO2TOTVICNGDEA
All Employees: Professional and Business Services: Management of Companies and Enterprises in Delaware
SMU10000006055000001
Citation
U.S. Federal Reserve, Real Gross Domestic Product: Management of Companies and Enterprises (55) in Delaware (DEMNGCOENTPRRGSP), retrieved from FRED.