Real Gross Domestic Product: Management of Companies and Enterprises (55) in Delaware
DEMNGCOENTPRRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,048.20
Year-over-Year Change
-0.77%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the real gross domestic product (GDP) of the management of companies and enterprises sector in the state of Delaware. It provides insight into the economic performance and productivity of this industry within the state.
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 Gross Domestic Product: Management of Companies and Enterprises (55) in Delaware series tracks the inflation-adjusted value added by the management of companies and enterprises industry to the state's overall economic output. This metric is used by economists and policymakers to analyze the health and competitiveness of Delaware's business services sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This trend is closely monitored by state and local governments, as well as businesses, to inform economic development strategies and investment decisions.
Key Facts
- Delaware's management of companies and enterprises sector accounts for over 10% of the state's total GDP.
- This industry has experienced steady growth of 3-4% annually over the past decade.
- The management of companies and enterprises is one of the highest-paying sectors in Delaware's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of the management of companies and enterprises sector in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and productivity of a key industry within Delaware's economy, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Q: How is this trend used in economic policy?
A: State and local governments, as well as businesses, closely monitor this trend to inform economic development strategies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Management of Companies and Enterprises (55) in Delaware (DEMNGCOENTPRRQGSP), retrieved from FRED.