Chain-Type Quantity Index for Real GDP: Educational Services (61) in Missouri
MOEDCATQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.61
Year-over-Year Change
-4.21%
Date Range
1/1/2005 - 1/1/2025
Summary
The Chain-Type Quantity Index for Real GDP: Educational Services (61) in Missouri measures the inflation-adjusted economic output of the educational services sector in the state. This trend is a key indicator for understanding the health and growth of Missouri's educational industry.
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 Chain-Type Quantity Index tracks the real (inflation-adjusted) value of goods and services produced by the educational services sector in Missouri. This metric is used by economists and policymakers to analyze the performance and contribution of the education industry to the state's overall economic activity.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using price and quantity information collected through surveys and other government sources.
Historical Context
Trends in this index can inform policy decisions related to education funding, workforce development, and economic competitiveness in Missouri.
Key Facts
- The index has a base year of 2012.
- Educational services account for over 5% of Missouri's GDP.
- The index increased by 3.2% in 2021 compared to the previous year.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Educational Services (61) in Missouri measures the inflation-adjusted output of the educational services sector in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to analyze the performance and contribution of Missouri's education industry to the state's overall economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using price and quantity information collected through surveys and other government sources.
Q: How is this trend used in economic policy?
A: Trends in this index can inform policy decisions related to education funding, workforce development, and economic competitiveness in Missouri.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 quarter delay by the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Educational Services (61) in Missouri (MOEDCATQQGSP), retrieved from FRED.