Chain-Type Quantity Index for Real GDP: Publishing Industries (Except Internet) (511) in Hawaii
HIPUBINDQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
166.72
Year-over-Year Change
55.23%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Publishing Industries (Except Internet) (511) in Hawaii measures the inflation-adjusted economic output of the publishing industry in Hawaii. This metric is important for policymakers and economists to assess the health and growth of this key sector.
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 index represents the real, inflation-adjusted value of goods and services produced by Hawaii's publishing industry, excluding internet publishing. It is a key indicator of economic activity and productivity within this important industry.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index formula.
Historical Context
This metric provides insight into market trends and can inform economic and industry policies.
Key Facts
- The index uses 2012 as the base year.
- Hawaii's publishing industry accounts for a small but significant portion of the state's GDP.
- The index has shown modest growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted output of Hawaii's publishing industry, excluding internet publishing. It indicates the real economic activity and productivity of this sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Hawaii's publishing industry, which is an important component of the state's economy. It can inform economic and industry policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index formula.
Q: How is this trend used in economic policy?
A: This index can help policymakers and economists assess the performance and trends within Hawaii's publishing industry, which can inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Bureau of Economic Analysis, but may be subject to revision and updates.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Publishing Industries (Except Internet) (511) in Hawaii (HIPUBINDQGSP), retrieved from FRED.