Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Hawaii
HIPUBINDRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
318.60
Year-over-Year Change
55.26%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the real gross domestic product (GDP) of the publishing industries, excluding internet, in the state of Hawaii. It provides insights into the performance and contribution of this sector to the overall state economy.
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
The Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Hawaii series tracks the inflation-adjusted value-added output of the publishing industry in Hawaii. It is a key indicator of the industry's economic health and its role in the state's economic development.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using national income and product accounts methodology.
Historical Context
This trend is used by policymakers, economists, and industry analysts to assess the dynamics and competitiveness of Hawaii's publishing sector.
Key Facts
- Hawaii's publishing industry accounts for approximately 1% of the state's total GDP.
- The publishing sector in Hawaii has experienced modest growth over the past decade.
- Policymakers use this metric to gauge the competitiveness and resilience of Hawaii's publishing industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) gross domestic product of the publishing industries, excluding internet, in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the performance and contribution of Hawaii's publishing sector to the overall state economy, which is useful for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using national income and product accounts methodology.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess the competitiveness and resilience of Hawaii's publishing industry, which can inform economic development strategies and industry support policies.
Q: Are there update delays or limitations?
A: The data is subject to the standard release schedule and revisions of the U.S. Bureau of Economic Analysis, which may result in occasional update delays or minor data adjustments.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Hawaii (HIPUBINDRGSP), retrieved from FRED.