Chain-Type Quantity Index for Real GDP: Information (51) in Indiana
Quarterly, Seasonally Adjusted
ININFOQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.87
Year-over-Year Change
18.77%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures quarterly, seasonally adjusted information sector gross domestic product (GDP) in the United States. It provides important insights into the performance and growth of the information technology and digital services industries.
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 information sector GDP trend tracks the economic output and value-added production of industries focused on information creation, processing, and dissemination, such as technology, media, telecommunications, and data services. It is a key indicator of the information economy's contribution to overall U.S. economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Historical Context
This economic indicator is widely followed by policymakers, analysts, and businesses to assess the health and dynamics of the information-based sectors of the U.S. economy.
Key Facts
- The information sector accounts for over 6% of total U.S. GDP.
- This industry has outpaced overall GDP growth in recent years.
- Cloud computing, data services, and digital media are key drivers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted gross domestic product (GDP) contribution of the information sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: The information sector GDP trend provides key insights into the performance and growth dynamics of technology, media, telecommunications, and other digital services industries, which are increasingly important drivers of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to assess the health and growth prospects of the information economy, which has major implications for overall U.S. economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The information sector GDP data is released on a quarterly basis, with a lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (ININFOQQGSP), retrieved from FRED.