Bachelor's Degree or Higher for District of Columbia
GCT1502DC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.90
Year-over-Year Change
25.52%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher for District of Columbia' trend measures the percentage of adults aged 25 and over in the District of Columbia who have attained a bachelor's degree or higher level of education. This metric is important for assessing educational attainment and human capital within the region.
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 trend represents the educational attainment of the adult population in the District of Columbia, providing insight into the skills and knowledge base of the local workforce. It is a key indicator used by policymakers, economists, and urban planners to understand regional development and human capital investment.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey, which conducts regular surveys of households across the country.
Historical Context
Trends in educational attainment are closely monitored by government agencies and economists to inform policy decisions and investments related to workforce development, education, and economic growth.
Key Facts
- The District of Columbia has one of the highest educational attainment rates in the United States.
- In 2021, 59.7% of adults in D.C. had a bachelor's degree or higher.
- Washington D.C. consistently ranks among the most highly educated metropolitan areas in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of adults aged 25 and over in the District of Columbia who have attained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the educational attainment and human capital of the D.C. population, which is crucial for understanding regional economic development, workforce capabilities, and policy priorities.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey, which conducts regular surveys of households across the country.
Q: How is this trend used in economic policy?
A: Trends in educational attainment are closely monitored by government agencies and economists to inform policy decisions and investments related to workforce development, education, and economic growth.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some lag in availability compared to the reference year.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher for District of Columbia (GCT1502DC), retrieved from FRED.