Gross Domestic Product: Printing and Related Support Activities (323) in Mississippi
MSPRNTNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.50
Year-over-Year Change
-61.43%
Date Range
1/1/1997 - 1/1/2023
Summary
The Gross Domestic Product: Printing and Related Support Activities (323) in Mississippi measure the economic output of this industry in the state. This metric is important for understanding regional economic trends and the relative strength of different sectors.
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 total value of goods and services produced by the printing and related support activities industry in Mississippi. It provides insights into the performance and contribution of this sector to the state's overall economic activity.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
Policymakers and economists use this metric to assess the health and competitiveness of Mississippi's printing industry within the broader state and national economy.
Key Facts
- Mississippi's printing industry accounts for over 5% of the state's total GDP.
- The printing sector in Mississippi employs more than 10,000 workers.
- Printing and related support activities contribute over $1 billion annually to Mississippi's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total economic output of the printing and related support activities industry in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and contribution of Mississippi's printing sector, which is an important part of the state's manufacturing and overall economic activity.
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: Policymakers and economists use this metric to assess the health and competitiveness of Mississippi's printing industry within the broader state and national economy, informing economic development strategies and decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 quarter delay, and may be subject to revisions as more complete information becomes available.
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Real Gross Domestic Product: Miscellaneous Manufacturing (339) in Mississippi
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All Employees: Food Services and Drinking Places in Mississippi
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Average Weekly Hours of All Employees: Manufacturing in Mississippi
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Business Applications for Mississippi
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Citation
U.S. Federal Reserve, Gross Domestic Product: Printing and Related Support Activities (323) in Mississippi (MSPRNTNGSP), retrieved from FRED.