Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Missouri
MOOTHSERVENQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,975.40
Year-over-Year Change
21.50%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the gross domestic product (GDP) of the Other Services (Except Government and Government Enterprises) sector in Missouri. It provides valuable insights into the performance and contribution of this key economic segment 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 Other Services (Except Government and Government Enterprises) GDP trend represents the total value of goods and services produced by businesses and organizations in Missouri that are not classified as government or government-related enterprises. This data is used by economists and policymakers to analyze the economic health and growth of the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This trend is widely used to inform economic policy decisions and to understand the broader dynamics of the Missouri economy.
Key Facts
- Missouri's Other Services GDP was $23.3 billion in 2021.
- This sector accounts for approximately 4% of Missouri's total GDP.
- The Other Services GDP has grown by 12% in Missouri over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the gross domestic product (GDP) of the Other Services (Except Government and Government Enterprises) sector in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance and contribution of a key economic segment within Missouri, which is useful for analyzing the state's overall economic health and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists and policymakers to inform economic policy decisions and to understand the broader dynamics of the Missouri economy.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis, with some minor delays in reporting.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Missouri (MOOTHSERVENQGSP), retrieved from FRED.