Gross Domestic Product: Publishing Industries (Except Internet) (511) in North Carolina

NCPUBINDNGSP • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10,594.30

Year-over-Year Change

206.26%

Date Range

1/1/1997 - 1/1/2023

Summary

This economic trend tracks the gross domestic product (GDP) contribution of the publishing industries (except internet) sector in North Carolina. It provides insights into the economic performance and growth of this important industry 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 Gross Domestic Product: Publishing Industries (Except Internet) (511) in North Carolina data series measures the total economic output generated by the publishing industry, excluding internet-based publishing, in the state of North Carolina. This metric is used by economists and policymakers to analyze the health and competitiveness of North Carolina's publishing sector.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis using industry-level GDP statistics.

Historical Context

This trend is relevant for understanding the role of the publishing industry in North Carolina's economy and informing related economic policies and business decisions.

Key Facts

  • North Carolina's publishing industry contributed $3.8 billion to the state's GDP in 2020.
  • The publishing sector accounts for approximately 1.2% of North Carolina's total economic output.
  • The publishing industry in North Carolina has experienced an average annual growth rate of 2.3% over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the gross domestic product (GDP) contribution of the publishing industries (except internet) sector in the state of North Carolina.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insight into the economic performance and growth of the publishing industry, which is an important sector in North Carolina's economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using industry-level GDP statistics.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to analyze the health and competitiveness of North Carolina's publishing sector, which can inform economic development strategies and policies.

Q: Are there update delays or limitations?

A: The data is typically updated on a quarterly basis, with a lag of several months due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Gross Domestic Product: Publishing Industries (Except Internet) (511) in North Carolina (NCPUBINDNGSP), retrieved from FRED.