Real Gross Domestic Product: Wholesale Trade (42) in Delaware
DEWHOLERQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,956.60
Year-over-Year Change
-8.35%
Date Range
1/1/2005 - 1/1/2025
Summary
The Real Gross Domestic Product: Wholesale Trade (42) in Delaware measures the inflation-adjusted output of the wholesale trade sector in the state. It is a key indicator of economic activity and can inform policy decisions.
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 series represents the real (inflation-adjusted) value added by the wholesale trade industry in Delaware's gross domestic product. It is used by economists and policymakers to gauge the health and growth of this important economic sector within the state.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a variety of government surveys and economic modeling techniques.
Historical Context
Trends in Delaware's wholesale trade GDP can signal shifts in broader economic conditions and help guide policy responses.
Key Facts
- Delaware's wholesale trade GDP accounts for around 10% of the state's total economic output.
- The wholesale trade sector employs over 35,000 workers in Delaware.
- Real wholesale trade GDP in Delaware has grown by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted value added by the wholesale trade industry to Delaware's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: Tracking the real GDP of Delaware's wholesale trade sector provides insights into the health and growth of this critical industry, which has broad implications for the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a variety of government surveys and economic modeling techniques.
Q: How is this trend used in economic policy?
A: Trends in Delaware's wholesale trade GDP can signal shifts in broader economic conditions and help guide policy responses from state government and other stakeholders.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions by the Bureau of Economic Analysis, and there may be lags of several months between the reference period and the most recent published figures.
Related Trends
Per Capita Personal Consumption Expenditures: Nondurable Goods: Clothing and Footwear for Delaware
DEPCEPCCLTH
Personal Consumption Expenditures: Services: Housing and Utilities for Delaware
DEPCEHOUSUTL
Nondurable Manufacturing Earnings in Delaware
DEENON
Number of Nonmember Commercial Banks in Delaware
X08CBNMBTDE
Chain-Type Quantity Index for Real GDP: Finance, Insurance, Real Estate, Rental, and Leasing (52, 53) in Delaware
DEFININSREALQGSP
Employment Level for Delaware
EMPLOYDE
Citation
U.S. Federal Reserve, Real Gross Domestic Product: Wholesale Trade (42) in Delaware (DEWHOLERQGSP), retrieved from FRED.