Chain-Type Quantity Index for Real GDP: Publishing Industries (Except Internet) (511) in Pennsylvania
PAPUBINDQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197.22
Year-over-Year Change
106.24%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP measures the inflation-adjusted output of Pennsylvania's publishing industries, excluding internet-based businesses. This economic indicator is crucial for understanding productivity and growth in this key sector.
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 index tracks the real, volume-based output of Pennsylvania's publishing industry, which includes newspapers, books, periodicals, and other media. It provides insights into the health and performance of this important component of the state's economic landscape.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a chain-weighted methodology.
Historical Context
Policymakers and industry analysts use this index to monitor the competitiveness and trajectory of Pennsylvania's publishing sector.
Key Facts
- The index has a base year of 2012.
- Pennsylvania's publishing industry accounts for over 3% of the state's GDP.
- The index has shown moderate growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This index measures the inflation-adjusted, volume-based output of Pennsylvania's publishing industry, excluding internet-based businesses.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the productivity and performance of a crucial component of Pennsylvania'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 a chain-weighted methodology.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this index to monitor the competitiveness and trajectory of Pennsylvania's publishing sector.
Q: Are there update delays or limitations?
A: The data is updated quarterly, with a typical release lag of 2-3 months.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Publishing Industries (Except Internet) (511) in Pennsylvania (PAPUBINDQGSP), retrieved from FRED.