Gross Domestic Product: Funds, Trusts, and Other Financial Vehicles (525) in Missouri
MOFNDTRSTNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.70
Year-over-Year Change
43.78%
Date Range
1/1/1997 - 1/1/2023
Summary
The 'Gross Domestic Product: Funds, Trusts, and Other Financial Vehicles (525) in Missouri' trend measures the economic activity and output of the financial vehicles sector in the state of Missouri.
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 GDP contribution of funds, trusts, and other financial vehicles, which are a key component of the broader financial services industry. Economists and policymakers analyze this data to understand the health and growth of Missouri's financial sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level GDP estimates.
Historical Context
Trends in this financial vehicles GDP metric are used to inform economic and financial policy decisions at the state and national level.
Key Facts
- Missouri's financial vehicles GDP reached $19.8 billion in 2021.
- This sector accounts for over 5% of the state's total economic output.
- The financial vehicles GDP has grown by 23% in Missouri over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the GDP contribution of funds, trusts, and other financial vehicles in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Missouri's financial services industry, which is a key driver 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 as part of their state-level GDP estimates.
Q: How is this trend used in economic policy?
A: Trends in this financial vehicles GDP metric are used to inform economic and financial policy decisions at the state and national level.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 quarter lag and may be subject to revisions as more information becomes available.
Related Trends
Per Capita Personal Consumption Expenditures: Nondurable Goods: Clothing and Footwear for Missouri
MOPCEPCCLTH
All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Missouri
SMU29000004300000001
Poverty Universe, All Ages for Missouri
PUAAMO29000A647NCEN
All Employees: Trade, Transportation, and Utilities in Missouri
MOTRAD
Gross Domestic Product: Computer and Electronic Product Manufacturing (334) in Missouri
MOCPUELCPMANNGSP
Regional Price Parities: Services: Housing: Nonmetropolitan Portion for Missouri
MONMPRPPSERVERENT
Citation
U.S. Federal Reserve, Gross Domestic Product: Funds, Trusts, and Other Financial Vehicles (525) in Missouri (MOFNDTRSTNGSP), retrieved from FRED.