High School Graduate or Higher for Massachusetts
GCT1501MA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.40
Year-over-Year Change
2.47%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'High School Graduate or Higher for Massachusetts' trend measures the percentage of the population in Massachusetts aged 25 and older who have attained at least a high school diploma or equivalent. This metric is a key indicator of educational attainment and human capital within the state.
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 series provides insights into the educational profile of Massachusetts residents, which is crucial for policymakers, labor market analysts, and researchers studying the state's economic and social development. It allows for comparisons of educational achievement across different geographies and demographic groups.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
High school attainment rates are closely tied to workforce productivity, earnings potential, and quality of life outcomes, making this trend relevant for a wide range of economic and social policy decisions.
Key Facts
- Massachusetts has one of the highest high school graduation rates in the U.S.
- The high school attainment rate in Massachusetts is consistently above the national average.
- Educational attainment is strongly correlated with higher incomes and lower unemployment in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: The 'High School Graduate or Higher for Massachusetts' trend measures the percentage of the population aged 25 and older in Massachusetts who have attained at least a high school diploma or equivalent.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the educational profile and human capital of Massachusetts, which is crucial for policymakers, labor market analysts, and researchers studying the state's economic and social development.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: High school attainment rates are closely tied to workforce productivity, earnings potential, and quality of life outcomes, making this trend relevant for a wide range of economic and social policy decisions in Massachusetts.
Q: Are there update delays or limitations?
A: The data is published annually with a short time lag, providing timely insights into the state's educational profile.
Related Trends
All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Massachusetts
SMU25000006056000001
Chain-Type Quantity Index for Real GDP: Waste Management and Remediation Services (562) in Massachusetts
MAWASTEQGSP
Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Massachusetts
MAAMBHCQGSP
Personal Consumption Expenditures: Services: Health Care for Massachusetts
MAPCEHLTHCARE
State Tax Collections: T53 Severance Taxes for Massachusetts
QTAXT53QTAXCAT3MANO
Chain-Type Quantity Index for Real GDP: Real Estate (531) in Massachusetts
MAREALQGSP
Citation
U.S. Federal Reserve, High School Graduate or Higher for Massachusetts (GCT1501MA), retrieved from FRED.