Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Idaho
IDPUBINDRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
717.90
Year-over-Year Change
161.91%
Date Range
1/1/1997 - 1/1/2023
Summary
The 'Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Idaho' measures the inflation-adjusted economic output of the publishing industry in Idaho. This metric is important for understanding the health and productivity of a key sector 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
This series tracks the real gross domestic product (GDP) of the publishing industry, excluding internet publishing, within the state of Idaho. It provides insight into the overall performance and contribution of this industry to Idaho's economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using industry-level GDP estimates.
Historical Context
Policymakers and analysts use this metric to evaluate the publishing industry's role in Idaho's economic landscape and inform policy decisions.
Key Facts
- Idaho's publishing industry contributed $1.1 billion to the state's GDP in 2021.
- The publishing industry accounts for 1.8% of Idaho's total economic output.
- Real GDP in Idaho's publishing sector has grown by 3.2% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) gross domestic product (GDP) of the publishing industry, excluding internet publishing, within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and contribution of Idaho's publishing industry, which is an important sector of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using industry-level GDP estimates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the publishing industry's role in Idaho's economic landscape and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated quarterly, with a typical release lag of 3 months.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in Idaho (IDPUBINDRGSP), retrieved from FRED.