Chain-Type Quantity Index for Real GDP: Publishing Industries (Except Internet) (511) in the Great Lakes BEA Region
GLAKPUBINDQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.70
Year-over-Year Change
77.89%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Publishing Industries (Except Internet) (511) in the Great Lakes BEA Region measures the inflation-adjusted economic output of the publishing industry in this geographic area.
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 provides a way to track changes in the real (inflation-adjusted) production levels of the publishing industry in the Great Lakes region over time, which is an important indicator of economic activity and productivity in this key sector.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type index formula applied to GDP data for the publishing industry.
Historical Context
This index is used by economists and policymakers to assess regional economic conditions and trends in the publishing industry.
Key Facts
- The Great Lakes region includes Illinois, Indiana, Michigan, Ohio, and Wisconsin.
- The publishing industry (except internet) is a subset of the broader information sector.
- This index is calculated using a chain-type formula to account for changes in prices over time.
FAQs
Q: What does this economic trend measure?
A: This index measures the inflation-adjusted, or 'real', economic output of the publishing industry (excluding internet publishing) in the Great Lakes region.
Q: Why is this trend relevant for users or analysts?
A: The publishing industry is an important part of the regional economy, and this index provides a way to track changes in its productivity and economic contribution over time.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type index formula applied to GDP data for the publishing industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to assess regional economic conditions and trends in the publishing industry, which can inform policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data availability, as the index is based on GDP figures that are released on a quarterly basis.
Related Trends
Real Gross Domestic Product: Chemical Manufacturing (325) in the Great Lakes BEA Region
GLAKCHEMMANRGSP
Gross Domestic Product: Educational Services, Health Care, and Social Assistance (61, 62) in the Great Lakes BEA Region
GLAKEDHLTHSOCASSNGSP
Real Gross Domestic Product: Accommodation and Food Services (72) in the Great Lakes BEA Region
GLAKACCOMDRQGSP
Gross Domestic Product: Arts, Entertainment, and Recreation (71) in the Great Lakes BEA Region
GLAKARTENTRECNQGSP
Real Gross Domestic Product: Accommodation (721) in the Great Lakes BEA Region
GLAKACCOMDRGSP
Real Gross Domestic Product: Retail Trade (44-45) in the Great Lakes BEA Region
GLAKRETAILRQGSP
Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Publishing Industries (Except Internet) (511) in the Great Lakes BEA Region (GLAKPUBINDQGSP), retrieved from FRED.