Gross Domestic Product: Paper Manufacturing (322) in Arkansas
ARPAPMANNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,695.70
Year-over-Year Change
-10.74%
Date Range
1/1/1997 - 1/1/2023
Summary
The Gross Domestic Product: Paper Manufacturing (322) in Arkansas measures the economic output of the paper manufacturing sector in the state. This trend is an important indicator of the health and productivity of a key industry in 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 Gross Domestic Product: Paper Manufacturing (322) in Arkansas represents the total value added by the paper manufacturing industry to the state's overall economic output. This metric is used by economists and policymakers to analyze the performance and competitiveness of Arkansas's manufacturing sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and economic census information.
Historical Context
The paper manufacturing GDP trend informs economic and industrial policy decisions in Arkansas.
Key Facts
- Arkansas is a top paper-producing state in the U.S.
- The paper manufacturing industry accounts for over 10% of Arkansas's GDP.
- Paper production has been a key part of Arkansas's economy for decades.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product: Paper Manufacturing (322) in Arkansas measures the total economic output and value added by the paper manufacturing industry in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the performance and competitiveness of a crucial sector of Arkansas's manufacturing economy, informing economic and industrial 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 based on surveys and economic census information.
Q: How is this trend used in economic policy?
A: The paper manufacturing GDP trend is used by policymakers and economists to analyze the health and productivity of Arkansas's manufacturing sector and inform relevant economic and industrial policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Paper Manufacturing (322) in Arkansas (ARPAPMANNGSP), retrieved from FRED.