Real Gross Domestic Product: Miscellaneous Manufacturing (339) in Delaware
DEMISCMANRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
211.80
Year-over-Year Change
9.80%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the real gross domestic product (GDP) of the miscellaneous manufacturing industry in Delaware. It provides insights into the productivity and growth of a key sector within 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
The real GDP of the miscellaneous manufacturing industry in Delaware is a measure of the total economic output of this sector, adjusted for inflation. It is used by economists and policymakers to analyze the performance and competitiveness of this industry within the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is relevant for understanding the state of Delaware's manufacturing sector and its contribution to the overall economy.
Key Facts
- Delaware's miscellaneous manufacturing industry accounts for a significant portion of the state's GDP.
- This sector has experienced fluctuations in output over the past decade.
- The performance of this industry is closely watched by policymakers and industry analysts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of the miscellaneous manufacturing industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the productivity and growth of a key manufacturing sector within Delaware's economy, which is important for understanding the state's economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the performance and competitiveness of Delaware's manufacturing sector, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and potential revisions by the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Miscellaneous Manufacturing (339) in Delaware (DEMISCMANRGSP), retrieved from FRED.