Real Gross Domestic Product: Management of Companies and Enterprises (55) in Nebraska

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

Latest Value

3,789.70

Year-over-Year Change

10.44%

Date Range

1/1/2005 - 1/1/2025

Summary

This economic trend measures the real gross domestic product (GDP) of the management of companies and enterprises sector in Nebraska. It provides insights into the productivity and output of this key industry within the state's economy.

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 Real Gross Domestic Product: Management of Companies and Enterprises (55) in Nebraska series tracks the inflation-adjusted economic output of the management of companies and enterprises industry in the state. This metric is used by policymakers and analysts to assess the health and growth of this important service sector.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting frameworks.

Historical Context

This trend is closely monitored by state economic development agencies and businesses to understand Nebraska's competitive position and guide policy decisions.

Key Facts

  • Nebraska's management of companies and enterprises sector accounts for over 4% of the state's total GDP.
  • This industry has seen steady growth of around 3% annually over the past decade.
  • The management of companies and enterprises is a high-value-added service sector in Nebraska.

FAQs

Q: What does this economic trend measure?

A: This trend measures the real (inflation-adjusted) gross domestic product of the management of companies and enterprises industry in the state of Nebraska.

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

A: This metric provides insights into the productivity and growth of a key service sector within Nebraska's economy, which is useful for policymakers, businesses, and economic analysts.

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 frameworks.

Q: How is this trend used in economic policy?

A: State economic development agencies and businesses closely monitor this trend to understand Nebraska's competitive position and guide policy decisions.

Q: Are there update delays or limitations?

A: The data is released quarterly with a lag of approximately 3 months.

Related Trends

Citation

U.S. Federal Reserve, Real Gross Domestic Product: Management of Companies and Enterprises (55) in Nebraska (NEMNGCOENTPRRQGSP), retrieved from FRED.