Real Gross Domestic Product: Printing and Related Support Activities (323) in Indiana
INPRNTRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
865.60
Year-over-Year Change
-36.55%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the real gross domestic product (GDP) for the printing and related support activities industry in the state of Indiana. It provides insights into the performance and productivity of this key manufacturing 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
The Real Gross Domestic Product: Printing and Related Support Activities (323) in Indiana is a measure of the inflation-adjusted economic output of this industry in the state. It is used by economists and policymakers to track the health and growth of this important component of Indiana's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This trend is valuable for understanding regional economic conditions and informing policy decisions that impact the printing and manufacturing industries.
Key Facts
- Indiana is a major center for the printing and publishing industry.
- This sector employs over 20,000 workers in the state.
- The real GDP of Indiana's printing industry has grown by 15% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted gross domestic product (GDP) for the printing and related support activities industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance and productivity of a key manufacturing sector in the Indiana economy, which is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to track the health and growth of the printing industry in Indiana, which can inform decisions related to economic development, workforce planning, and industry regulation.
Q: Are there update delays or limitations?
A: The data is typically released with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Printing and Related Support Activities (323) in Indiana (INPRNTRGSP), retrieved from FRED.