Chain-Type Quantity Index for Real GDP: Administrative and Support and Waste Management and Remediation Services (56) in South Dakota
Quarterly, Seasonally Adjusted
SDADMINWASTQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.51
Year-over-Year Change
-6.29%
Date Range
1/1/2005 - 1/1/2025
Summary
This series measures administrative and waste services output in the U.S. on a quarterly, seasonally adjusted basis. It is an important indicator of the health and productivity of the administrative and support services 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
The Quarterly, Seasonally Adjusted Administrative and Waste Services Gross Output series tracks the total inflation-adjusted value of goods and services produced by businesses in the administrative and waste services industry. It provides insights into the overall performance and productivity of this key service sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and economic modeling.
Historical Context
This metric is closely monitored by policymakers, economists, and industry analysts to assess economic conditions and guide decision-making.
Key Facts
- The administrative and waste services sector accounts for over 8% of U.S. GDP.
- Quarterly output growth in this sector averaged 0.7% from 2015-2020.
- The COVID-19 pandemic caused a sharp 9.5% decline in Q2 2020 before a rebound.
FAQs
Q: What does this economic trend measure?
A: This series measures the total inflation-adjusted value of goods and services produced by businesses in the administrative and waste services industry in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and productivity of the administrative and support services sector, which is a key part of the U.S. economy. It is closely monitored by policymakers, economists, and industry 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 surveys and economic modeling.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and industry analysts to assess current economic conditions and guide decision-making, as the administrative and waste services sector is an important driver of overall economic activity.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical 2-3 month lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Administrative and Waste Services Gross Output (SDADMINWASTQQGSP), retrieved from FRED.