Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DEOTHSERVENQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,519.90
Year-over-Year Change
24.15%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted annual rate of new orders for other durable goods. It serves as an important indicator of manufacturing activity and business investment.
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 'Quarterly, Seasonally Adjusted Annual Rate' for new orders of other durable goods provides insight into the health and trajectory of the U.S. manufacturing sector. Economists and policymakers closely monitor this metric to assess broader economic conditions and capital expenditure plans.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This trend is used to inform economic analysis, monetary policy decisions, and business investment strategies.
Key Facts
- The data is published monthly by the U.S. Census Bureau.
- Other durable goods include machinery, equipment, and a variety of industrial products.
- Seasonally adjusted data removes regular seasonal patterns to provide a clearer picture of underlying trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted annual rate of new orders for other durable goods, which excludes transportation equipment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and direction of the manufacturing sector, informing economic analysis, policy decisions, and business investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess broader economic conditions and capital expenditure plans, which can inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DEOTHSERVENQGSP), retrieved from FRED.