Real Gross Domestic Product: Computer and Electronic Product Manufacturing (334) in Missouri
MOCPUELCPMANRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,159.70
Year-over-Year Change
81.96%
Date Range
1/1/1997 - 1/1/2023
Summary
This trend measures the real gross domestic product (GDP) for the computer and electronic product manufacturing industry in Missouri. It provides insights into the economic performance of this key sector within the state.
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: Computer and Electronic Product Manufacturing (334) in Missouri series tracks the inflation-adjusted output of businesses engaged in computer and electronic product manufacturing activities in the state. This metric is a valuable indicator of the industry's economic contribution and growth trends.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using industry-level GDP figures.
Historical Context
This metric is useful for policymakers, industry analysts, and businesses to assess the competitive position and economic influence of Missouri's computer and electronics manufacturing sector.
Key Facts
- Missouri's computer and electronics manufacturing sector accounts for a significant portion of the state's GDP.
- This industry has seen fluctuations in output over time, reflecting broader economic trends.
- Tracking this metric can help identify growth opportunities and challenges for businesses in this sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted gross domestic product (GDP) for the computer and electronic product manufacturing industry in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic performance and contribution of Missouri's computer and electronics manufacturing sector, which is a crucial part of the state's industrial landscape.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using industry-level GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and businesses can use this metric to assess the competitive position and economic influence of Missouri's computer and electronics manufacturing sector, informing strategic decisions and policy interventions.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the U.S. Bureau of Economic Analysis, and there may be lags in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Computer and Electronic Product Manufacturing (334) in Missouri (MOCPUELCPMANRGSP), retrieved from FRED.