Gross Domestic Product: Computer and Electronic Product Manufacturing (334) in Indiana
INCPUELCPMANNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,924.00
Year-over-Year Change
8.36%
Date Range
1/1/1997 - 1/1/2023
Summary
This series measures the gross domestic product (GDP) of the computer and electronic product manufacturing industry in Indiana. It is an important indicator of the performance and economic contribution of this key manufacturing sector in the state.
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 Gross Domestic Product: Computer and Electronic Product Manufacturing (334) in Indiana measures the total value of goods and services produced by the computer and electronic product manufacturing industry within the state of Indiana. This data is used by economists and policymakers to analyze the economic health and growth of this critical manufacturing segment.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting methodologies.
Historical Context
This GDP metric helps inform decisions around economic and industrial policies that impact the computer and electronics manufacturing industry in Indiana.
Key Facts
- Indiana is a leading state for computer and electronics manufacturing.
- This industry accounts for a significant portion of the state's economic output.
- The GDP data helps track the industry's performance and contribution to Indiana's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the gross domestic product (GDP) of the computer and electronic product manufacturing industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the economic health and growth of a critical manufacturing sector in Indiana.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting methodologies.
Q: How is this trend used in economic policy?
A: This GDP data helps inform decisions around economic and industrial policies that impact the computer and electronics manufacturing industry in Indiana.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent data, as is common with economic statistics.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Computer and Electronic Product Manufacturing (334) in Indiana (INCPUELCPMANNGSP), retrieved from FRED.