Bachelor's Degree or Higher for Delaware
GCT1502DE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.50
Year-over-Year Change
26.74%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher for Delaware' trend measures the percentage of adults aged 25 and over in the state of Delaware who have obtained a bachelor's degree or higher level of educational attainment. This metric is a key indicator of the state's human capital and talent pool.
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 statistic represents the educational attainment of Delaware's adult population, providing insight into the state's knowledge-based economy and workforce preparedness. It is used by policymakers, businesses, and researchers to assess economic competitiveness and guide investments in education and talent development.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is widely referenced in economic development strategies and labor market analyses.
Key Facts
- Delaware's bachelor's degree or higher rate was 32.4% in 2020.
- This is higher than the national average of 32.1% for the same year.
- Educational attainment in Delaware has increased by over 5 percentage points since 2010.
FAQs
Q: What does this economic trend measure?
A: The 'Bachelor's Degree or Higher for Delaware' trend measures the percentage of adults aged 25 and over in the state of Delaware who have obtained a bachelor's degree or higher level of educational attainment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the state's human capital and talent pool, which is crucial for assessing economic competitiveness and guiding investments in education and workforce development.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is widely referenced in economic development strategies and labor market analyses by policymakers, businesses, and researchers.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of 1-2 years before the latest figures are available.
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Citation
U.S. Federal Reserve, Bachelor's Degree or Higher for Delaware (GCT1502DE), retrieved from FRED.