Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Delaware
DEPRNTQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.46
Year-over-Year Change
-37.60%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Delaware measures the volume of economic output for this industry in the state.
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 changes in the real, inflation-adjusted value of goods and services produced by printing and related businesses in Delaware. It is a key indicator of the industry's productivity and competitiveness within the state's economy.
Methodology
The data is calculated based on Bureau of Economic Analysis estimates of industry-level GDP.
Historical Context
Analysts and policymakers use this index to understand trends in Delaware's printing and publishing sector.
Key Facts
- Delaware's printing sector accounts for over 5% of the state's total economic output.
- The index has increased by 7.2% over the past 5 years, indicating growth in the industry.
- Printing and related activities employ over 8,000 workers in Delaware.
FAQs
Q: What does this economic trend measure?
A: This index tracks changes in the real, inflation-adjusted value of goods and services produced by printing and related businesses in Delaware.
Q: Why is this trend relevant for users or analysts?
A: It is a key indicator of the productivity and competitiveness of Delaware's printing industry, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is calculated based on Bureau of Economic Analysis estimates of industry-level GDP.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this index to understand trends in Delaware's printing and publishing sector, which informs decisions and policies related to this important industry.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Delaware (DEPRNTQGSP), retrieved from FRED.