Chain-Type Quantity Index for Real GDP: Educational Services (61) in Rhode Island
Quarterly, Seasonally Adjusted
RIEDCATQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.69
Year-over-Year Change
2.04%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' series measures the real output of the U.S. information and entertainment services industry, a key component of the services sector. This data provides insights into the overall health and productivity of the information 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
This economic indicator tracks the real gross output (sales or receipts and other operating income, commodity taxes, and inventory change) of the information and entertainment services industry on a quarterly, seasonally adjusted basis. It is a valuable gauge of activity and productivity in this dynamic sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the Gross Domestic Product (GDP) accounts.
Historical Context
Policymakers and analysts use this metric to assess trends in the information services industry and its contribution to overall economic performance.
Key Facts
- The information and entertainment services industry accounts for over 5% of U.S. GDP.
- This sector has seen steady growth over the past decade.
- Real output in this industry is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This metric measures the real gross output of the U.S. information and entertainment services industry on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the productivity and performance of a key services sector, which is crucial for understanding overall economic conditions and growth.
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 the Gross Domestic Product (GDP) accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess trends in the information services industry and its contribution to overall economic performance.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately one to three months.
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Citation
U.S. Federal Reserve, Real Information and Entertainment Services - Quarterly, Seasonally Adjusted (RIEDCATQQGSP), retrieved from FRED.