Chain-Type Quantity Index for Real GDP: Other Services (Except Government and Government Enterprises) (81) in Delaware
Quarterly, Seasonally Adjusted
DEOTHSERVEQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.15
Year-over-Year Change
-5.42%
Date Range
1/1/2005 - 1/1/2025
Summary
This series measures real gross state product on a quarterly, seasonally adjusted basis, providing a comprehensive overview of economic activity across U.S. states and territories.
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
Real gross state product (GSP) is the state-level equivalent of the national GDP, tracking the total economic output of each U.S. state and territory. This seasonally adjusted, quarterly data is a key indicator used by economists and policymakers to analyze regional economic trends and inform policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of economic surveys and administrative sources.
Historical Context
Quarterly GSP data is widely referenced by government agencies, businesses, and academic researchers to monitor regional economic performance and identify emerging growth opportunities or challenges.
Key Facts
- Covers all 50 U.S. states and Washington D.C.
- Tracks state-level economic output on a quarterly basis
- Provides a comprehensive view of regional economic performance
FAQs
Q: What does this economic trend measure?
A: This series measures real gross state product (GSP), which is the state-level equivalent of national GDP. It tracks the total economic output of each U.S. state and territory on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Quarterly GSP data is a crucial indicator used by economists, policymakers, and businesses to monitor regional economic performance, identify growth opportunities, and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of economic surveys and administrative sources.
Q: How is this trend used in economic policy?
A: Quarterly GSP data is widely referenced by government agencies, businesses, and academic researchers to track regional economic trends and inform policy decisions that foster economic growth and development.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical 2-3 month delay from the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (DEOTHSERVEQQGSP), retrieved from FRED.