Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Missouri
Annual, Not Seasonally Adjusted
MOOTHSERVENGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,824.90
Year-over-Year Change
72.10%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' metric tracks the nominal gross output of the services sector in the United States. This key economic indicator provides insights into the overall health and performance of the services 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 'Annual, Not Seasonally Adjusted' series measures the total value of goods and services produced by the U.S. services sector on an annual basis, without adjusting for seasonal variations. This data is widely used by economists and policymakers to analyze economic trends and inform decision-making.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) as part of the Gross Domestic Product (GDP) reporting.
Historical Context
This metric is closely monitored by government agencies, financial institutions, and market analysts to assess the state of the U.S. economy and inform economic policies.
Key Facts
- The services sector accounts for over 75% of the U.S. GDP.
- The services industry includes a wide range of activities, such as healthcare, education, and finance.
- Annual, Not Seasonally Adjusted data is published by the BEA on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' metric tracks the total nominal gross output of the U.S. services sector, providing insights into the performance and health of this key economic segment.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market analysts to assess the overall state of the U.S. economy and inform decision-making processes.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) as part of the Gross Domestic Product (GDP) reporting.
Q: How is this trend used in economic policy?
A: The 'Annual, Not Seasonally Adjusted' metric is closely monitored by government agencies, financial institutions, and market analysts to assess the state of the U.S. economy and inform economic policies.
Q: Are there update delays or limitations?
A: The 'Annual, Not Seasonally Adjusted' data is published by the BEA on a quarterly basis, with occasional revisions to historical data.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (MOOTHSERVENGSP), retrieved from FRED.