Gross Domestic Product: All Industry Total in Hawaii
Quarterly, Seasonally Adjusted Annual Rate
HINQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,822.40
Year-over-Year Change
19.08%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate measures the annualized growth rate of gross state product, a key indicator of economic activity at the state level.
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 tracks the total value of goods and services produced within a U.S. state, adjusted for seasonal variations. It is used by economists and policymakers to assess the health and trends of state economies.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The Quarterly, Seasonally Adjusted Annual Rate is a valuable tool for understanding regional economic performance and informing state-level economic policies.
Key Facts
- Measures annualized growth rate of state-level economic output.
- Helps identify regional economic trends and performance.
- Used to inform state-level economic policies and decisions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate measures the annualized growth rate of gross state product, which represents the total value of goods and services produced within a U.S. state.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for understanding the health and performance of state economies, which can inform regional economic policies and business decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Quarterly, Seasonally Adjusted Annual Rate is used by economists and policymakers to assess regional economic conditions and inform state-level economic policies and strategies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of several months. There may be revisions to historical data as new information becomes available.
Related Trends
Housing Inventory: Price Reduced Count Month-Over-Month in Hawaii
PRIREDCOUMMHI
Coefficient for Transportation Carbon Dioxide Emissions, Jet Fuel for Hawaii
EMISSCO2CJFACBHIA
Real Gross Domestic Product: Nondurable Goods Manufacturing (311-316, 322-326) in Hawaii
HINDURMANRGSP
Construction Wages and Salaries in Hawaii
HIWCON
Management of Companies and Enterprises Wages and Salaries in Hawaii
HIWMAN
State Government Tax Collections, Other Selective Sales and Gross Receipts Taxes in Hawaii
HIOTHSLSTAX
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (HINQGSP), retrieved from FRED.