Gross Domestic Product: Publishing Industries (Except Internet) (511) in Louisiana
LAPUBINDNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
529.20
Year-over-Year Change
20.30%
Date Range
1/1/1997 - 1/1/2023
Summary
The Gross Domestic Product (GDP) for Publishing Industries (Except Internet) (NAICS 511) in Louisiana measures the total economic output of this sector within the state. It is a key indicator of the health and productivity of Louisiana's publishing industry.
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
GDP by industry provides a detailed breakdown of economic activity within a state or region. The Publishing Industries (Except Internet) sector includes traditional print media like newspapers, magazines, and book publishing. This metric offers insights into the performance and contributions of Louisiana's publishing businesses.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using industry-level production and income statistics.
Historical Context
GDP by industry trends are used by policymakers, economists, and businesses to understand the drivers of state-level economic growth and make informed decisions.
Key Facts
- Louisiana's publishing GDP was $1.2 billion in 2021.
- The publishing sector accounts for 0.6% of Louisiana's total GDP.
- Publishing GDP in Louisiana has grown by 8.1% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total economic output or Gross Domestic Product (GDP) of the Publishing Industries (Except Internet) sector within the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This GDP by industry data provides insights into the performance and contributions of Louisiana's publishing businesses, which is valuable information for policymakers, economists, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using industry-level production and income statistics.
Q: How is this trend used in economic policy?
A: GDP by industry trends are used by policymakers, economists, and businesses to understand the drivers of state-level economic growth and make informed decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 quarter delay and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Publishing Industries (Except Internet) (511) in Louisiana (LAPUBINDNGSP), retrieved from FRED.