Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Maryland
MDPUBINDRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,209.80
Year-over-Year Change
289.19%
Date Range
1/1/1997 - 1/1/2023
Summary
The 'Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Maryland' measures the economic output of the publishing industry in Maryland, adjusted for inflation. This metric is important for understanding the health and growth of a key service sector in the state's 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
This series tracks the real (inflation-adjusted) gross domestic product for the publishing industry, excluding internet publishing, in the state of Maryland. It provides insight into the productivity and economic contribution of this important industry within the state.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using information collected through surveys and economic censuses.
Historical Context
Policymakers and industry analysts use this metric to gauge the performance and economic impact of Maryland's publishing sector.
Key Facts
- Maryland's publishing industry contributes significantly to the state's GDP.
- Real GDP for the publishing sector has shown steady growth in recent years.
- The publishing industry is a key employer in Maryland, supporting many jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) gross domestic product of the publishing industry, excluding internet publishing, in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the health and economic contribution of Maryland's publishing sector, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using information collected through surveys and economic censuses.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to gauge the performance and economic impact of Maryland's publishing sector, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: There may be some delays in data availability due to the time required for data collection and processing by the Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Maryland (MDPUBINDRGSP), retrieved from FRED.