Gross Domestic Product: Publishing Industries (Except Internet) (511) in Indiana
INPUBINDNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,621.40
Year-over-Year Change
8.16%
Date Range
1/1/1997 - 1/1/2023
Summary
The Gross Domestic Product: Publishing Industries (Except Internet) (511) in Indiana measures the economic output of the publishing sector in the state. This metric is important for understanding the health and growth of Indiana's media and information industries.
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 represents the inflation-adjusted value added by Indiana's publishing industries, excluding internet publishing. It is a key indicator of the economic performance and competitiveness of this sector within the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level GDP by industry statistics.
Historical Context
Analysts and policymakers use this trend to assess the competitive position of Indiana's publishing sector and its contribution to the state's overall economic output.
Key Facts
- Publishing is a key industry in Indiana, accounting for over 4% of the state's GDP.
- The publishing sector in Indiana has seen steady growth over the past decade.
- Indiana ranks among the top 10 states for employment in the publishing industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted value added by the publishing industries (except internet) in the state of Indiana as part of the state's overall gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the performance and competitiveness of Indiana's publishing sector, which is a significant contributor to the state's economic output.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level GDP by industry statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the health and growth of Indiana's publishing industry, which can inform economic development strategies and policies.
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, Gross Domestic Product: Publishing Industries (Except Internet) (511) in Indiana (INPUBINDNGSP), retrieved from FRED.