Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in North Carolina
NCPRNTQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.36
Year-over-Year Change
-4.96%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in North Carolina measures the real output of the printing industry in the state. It is a key indicator of economic activity and productivity in this important manufacturing sector.
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 index tracks the real, inflation-adjusted quantity of goods and services produced by printing and related support companies in North Carolina. It is used by economists and policymakers to assess the health and trends of the state's manufacturing base.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Bureau of Economic Analysis.
Historical Context
The printing industry index provides insight into broader manufacturing and industrial output trends that inform economic and policy decisions.
Key Facts
- The printing industry accounts for over 25,000 jobs in North Carolina.
- This index has a base year of 2012 = 100.
- Printing is a key component of the state's $600 billion economy.
FAQs
Q: What does this economic trend measure?
A: This index measures the real, inflation-adjusted output of the printing and related support activities industry in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: The printing industry index provides valuable insight into the health and productivity of a critical manufacturing sector in the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This index informs policymakers and economists about broader manufacturing and industrial output trends in North Carolina, which can influence economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a lag of several months.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in North Carolina (NCPRNTQGSP), retrieved from FRED.