Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in Arkansas
Quarterly, Seasonally Adjusted Annual Rate
ARRERENTLEARQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,180.20
Year-over-Year Change
6.25%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted Annual Rate' series measures the annualized real gross state product (GSP) growth rate for the United States, adjusted for seasonal variations.
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
This economic indicator provides insights into the overall health and performance of the U.S. economy at the state level. It is a key metric used by policymakers, economists, and investors to assess regional economic trends and guide decision-making.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a variety of economic surveys and government statistics.
Historical Context
This trend is widely referenced in discussions of state-level economic policy and regional economic performance.
Key Facts
- The annualized GSP growth rate averaged 2.3% in 2022.
- All 50 U.S. states are included in the ARRERENTLEARQGSP data.
- This metric is published quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted Annual Rate' series measures the annualized real gross state product (GSP) growth rate for the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the overall health and performance of the U.S. economy at the state level, which is crucial for policymakers, economists, and investors in assessing regional economic trends and guiding decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a variety of economic surveys and government statistics.
Q: How is this trend used in economic policy?
A: This trend is widely referenced in discussions of state-level economic policy and regional economic performance, as it helps inform decision-making and guide policymakers' actions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, so there may be a short delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (ARRERENTLEARQGSP), retrieved from FRED.