Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Virginia
VAPUBINDRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,963.70
Year-over-Year Change
98.88%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the real gross domestic product (GDP) of the publishing industries, excluding internet publishing, in the state of Virginia. It provides insight into the performance and contribution of this sector to the state's overall economic activity.
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: Publishing Industries (Except Internet) (511) in Virginia series represents the inflation-adjusted value added by the publishing industries, excluding internet publishing, to the Virginia state economy. This metric is used by economists and policymakers to analyze the productivity and competitiveness of this industry within the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national income and product accounting methods.
Historical Context
This trend is relevant for understanding the health and growth of Virginia's publishing sector, which has implications for the state's overall economic performance and policy decisions.
Key Facts
- Virginia's publishing sector accounts for a significant portion of the state's GDP.
- This trend has shown steady growth over the past decade, indicating the industry's resilience.
- The publishing industry is a key employer and contributor to Virginia's economic diversification.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of the publishing industries, excluding internet publishing, in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the performance and contribution of Virginia's publishing sector to the state's overall economic activity, which is valuable for economists, policymakers, and industry analysts.
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 income and product accounting methods.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the productivity and competitiveness of Virginia's publishing sector, which can inform economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revisions of the U.S. Bureau of Economic Analysis, which may result in occasional update delays or minor historical revisions.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Virginia (VAPUBINDRGSP), retrieved from FRED.