Real Gross Domestic Product: Paper Manufacturing (322) in Delaware
DEPAPMANRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
221.90
Year-over-Year Change
49.63%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the real gross domestic product (GDP) for the paper manufacturing industry (NAICS 322) in the state of Delaware. It provides insights into the performance and growth of this crucial manufacturing sector 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: Paper Manufacturing (322) in Delaware series tracks the inflation-adjusted output of the paper manufacturing industry in Delaware. This metric is important for analyzing the state's economic structure, competitiveness, and productivity within this industry.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
Policymakers and industry analysts use this trend to monitor the health and competitiveness of Delaware's paper manufacturing sector and its contribution to the state's overall economic performance.
Key Facts
- Delaware is a major center for paper manufacturing in the U.S.
- Paper manufacturing accounts for a significant portion of the state's industrial output.
- This trend has shown moderate growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) gross domestic product (GDP) for the paper manufacturing industry (NAICS 322) in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the performance and competitiveness of Delaware's paper manufacturing sector, which is an important part of the state's industrial economy.
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: Policymakers and industry analysts use this trend to monitor the health and growth of Delaware's paper manufacturing sector and its contribution to the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis, with some potential for delays in publication.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Paper Manufacturing (322) in Delaware (DEPAPMANRGSP), retrieved from FRED.