Chain-Type Quantity Index for Real GDP: Real Estate and Rental and Leasing (53) in South Carolina
Quarterly, Seasonally Adjusted
SCRERENTLEAQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.78
Year-over-Year Change
16.24%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the gross state product (GSP) of state and local government enterprises. It is a key indicator of economic activity and fiscal health in the public 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
The Quarterly, Seasonally Adjusted series tracks the inflation-adjusted value added by state and local government enterprises, including public utilities, liquor stores, and other commercial operations. This data helps economists and policymakers assess the economic conditions and fiscal trends in the public sector.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a variety of government sources.
Historical Context
Analysts use this metric to evaluate the performance and stability of state and local government budgets and their impact on overall economic growth.
Key Facts
- The data is released quarterly by the U.S. Bureau of Economic Analysis.
- State and local government enterprises account for approximately 3% of U.S. GDP.
- The series is adjusted for seasonal variations to show underlying economic trends.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the gross state product (GSP) of state and local government enterprises, including public utilities, liquor stores, and other commercial operations.
Q: Why is this trend relevant for users or analysts?
A: This data helps economists and policymakers assess the economic conditions and fiscal trends in the public sector, which can have significant implications for overall economic growth and stability.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a variety of government sources.
Q: How is this trend used in economic policy?
A: Analysts use this metric to evaluate the performance and stability of state and local government budgets and their impact on overall economic growth.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of several months from the end of the reference period.
Related Trends
All Employees: Accommodation and Food Services in South Carolina
SMU45000007072000001A
All Employees: Non-Durable Goods: Plastics and Rubber Products Manufacturing in South Carolina
SMU45000003232600001A
Chain-Type Quantity Index for Real GDP: Agriculture, Forestry, Fishing and Hunting (11) in South Carolina
SCAGRQGSP
Coefficient for Transportation Carbon Dioxide Emissions, Aviation Gasoline for South Carolina
EMISSCO2CAVACBSCA
Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (334) in South Carolina
SCCPUELCPMANQGSP
Real Gross Domestic Product: Primary Metal Manufacturing (331) in South Carolina
SCPRIMETMANRGSP
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (SCRERENTLEAQQGSP), retrieved from FRED.