Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Alabama
ALPUBINDRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,555.80
Year-over-Year Change
77.64%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic indicator measures the real gross domestic product (GDP) of the publishing industries (except internet) sector in Alabama. It provides insights into the performance and growth of this key industry 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 Gross Domestic Product: Publishing Industries (Except Internet) (511) in Alabama metric tracks the inflation-adjusted economic output of the publishing sector, excluding internet-based publishing, in the state of Alabama. This data point is useful for analyzing the relative strength and contribution of this industry to Alabama's overall economic activity.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This metric is relevant for policymakers, industry analysts, and investors seeking to understand the dynamics of Alabama's publishing sector and its role in the state's economic landscape.
Key Facts
- Alabama's publishing sector accounts for a significant portion of the state's economic output.
- The publishing industry in Alabama has experienced steady growth in recent years.
- This metric is a key indicator of the health and competitiveness of Alabama's publishing industry.
FAQs
Q: What does this economic trend measure?
A: This metric measures the real gross domestic product (GDP) of the publishing industries (except internet) sector in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data point is useful for understanding the performance and contribution of the publishing industry to Alabama's overall economic activity, which is relevant for policymakers, industry analysts, and investors.
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: This metric is used by policymakers, economists, and industry analysts to assess the health and competitiveness of Alabama's publishing sector, which informs economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision practices of the U.S. Bureau of Economic Analysis, which may result in occasional update delays or minor revisions to historical figures.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Alabama (ALPUBINDRGSP), retrieved from FRED.