Chain-Type Quantity Index for Real GDP: Broadcasting (Except Internet) and Telecommunications (515, 517) in Arkansas
ARBRDTELEQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.94
Year-over-Year Change
-2.17%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the chain-type quantity index for real GDP in the broadcasting (except internet) and telecommunications industries in Arkansas. It provides insights into the production and economic activity in these key sectors.
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 chain-type quantity index tracks the volume of real GDP in specific industries and regions over time, adjusting for inflation. This metric is used by economists and policymakers to analyze industry performance and regional economic trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting methods.
Historical Context
This industry-level GDP data informs market analysis and policy decisions related to the communications sector in Arkansas.
Key Facts
- The index is benchmarked to 2012 = 100.
- Telecommunications accounts for over 75% of the sector's GDP in Arkansas.
- This data series dates back to 2001.
FAQs
Q: What does this economic trend measure?
A: This trend measures the chain-type quantity index for real GDP in the broadcasting (except internet) and telecommunications industries in Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This industry-level GDP data provides insights into the production and economic activity in key communications sectors, informing market analysis and policy decisions.
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 methods.
Q: How is this trend used in economic policy?
A: This industry-level GDP data informs market analysis and policy decisions related to the communications sector in Arkansas.
Q: Are there update delays or limitations?
A: This data series dates back to 2001 and is subject to the update schedule and limitations of the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Broadcasting (Except Internet) and Telecommunications (515, 517) in Arkansas (ARBRDTELEQGSP), retrieved from FRED.