Gross Domestic Product: Printing and Related Support Activities (323) in Missouri
MOPRNTNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,284.40
Year-over-Year Change
11.94%
Date Range
1/1/1997 - 1/1/2023
Summary
The Gross Domestic Product: Printing and Related Support Activities (323) in Missouri measures the economic output of this industry sector in the state. It is a key indicator of the health and productivity of Missouri's printing and publishing businesses.
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 tracks the real gross domestic product (GDP) for the printing and related support activities industry (NAICS code 323) in the state of Missouri. It provides insights into the performance and contributions of this sector to the broader state economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their regional GDP by industry statistics.
Historical Context
Policymakers and industry analysts monitor this trend to assess the competitive position and growth potential of Missouri's printing and publishing sector.
Key Facts
- Missouri's printing and related support activities sector accounts for over $2 billion in annual GDP.
- This industry employs more than 15,000 workers across the state.
- GDP in this sector has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) for the printing and related support activities industry (NAICS code 323) in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the performance and contributions of Missouri's printing and publishing sector, which is a key part of the state's manufacturing and information 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 regional GDP by industry statistics.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to assess the competitive position and growth potential of Missouri's printing and publishing sector, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is released with a lag of several months, so there may be delays in reflecting the most recent economic conditions. Additionally, the industry-level GDP data is subject to revisions over time.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Printing and Related Support Activities (323) in Missouri (MOPRNTNGSP), retrieved from FRED.