Real Gross Domestic Product: Motion Picture and Sound Recording Industries (512) in Missouri
MOMOTPICSNDRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
408.10
Year-over-Year Change
57.57%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the real gross domestic product (GDP) of the motion picture and sound recording industries in Missouri. It provides insights into the performance and productivity of this key sector of the state's economy.
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: Motion Picture and Sound Recording Industries (512) in Missouri series tracks the inflation-adjusted total output of businesses in this industry group located within the state. It is a key indicator of economic activity and growth in Missouri's creative and cultural industries.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using input-output models and other economic indicators.
Historical Context
This trend is useful for policymakers, investors, and industry analysts to assess the health and competitiveness of Missouri's motion picture and sound recording sector.
Key Facts
- Missouri's motion picture and sound recording GDP was $1.7 billion in 2021.
- This sector accounts for over 2% of Missouri's total economic output.
- Real GDP in this industry has grown by 15% in Missouri over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted gross domestic product (GDP) of the motion picture and sound recording industries located in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the performance and productivity of an important creative and cultural sector within Missouri's economy, which is useful for policymakers, investors, and industry analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using input-output models and other economic indicators.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers to assess the health and competitiveness of Missouri's motion picture and sound recording sector, informing economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Federal Reserve, with typical update delays of 1-2 months.
Related Trends
Per Capita Personal Consumption Expenditures: Nondurable Goods: Food and Beverages Purchased for Off-Premises Consumption for Missouri
MOPCEPCFOOD
All Employees: Service-Providing in Missouri
SMU29000000700000001
Housing Inventory: Average Listing Price Year-Over-Year in Missouri
AVELISPRIYYMO
All Employees: Retail Trade: Food and Beverage Retailers in Missouri
SMU29000004244500001
Gross Domestic Product: Accommodation and Food Services (72) in Missouri
MOACCFDNGSP
Electric Power Carbon Dioxide Emissions, Coal (Electric Utility) for Missouri
EMISSCO2VCLEIBMOA
Citation
U.S. Federal Reserve, Real Gross Domestic Product: Motion Picture and Sound Recording Industries (512) in Missouri (MOMOTPICSNDRGSP), retrieved from FRED.