Real Gross Domestic Product: Broadcasting (Except Internet) and Telecommunications (515, 517) in the Southeast BEA Region
SESTBRDTELERGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103,271.50
Year-over-Year Change
46.80%
Date Range
1/1/1997 - 1/1/2023
Summary
This economic trend measures the real gross domestic product (GDP) of the broadcasting (except internet) and telecommunications industries in the Southeast BEA region. It provides insights into the economic output and growth of these key communication sectors.
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: Broadcasting (Except Internet) and Telecommunications (515, 517) in the Southeast BEA Region metric tracks the inflation-adjusted economic output of these industries across several states in the Southeast. It is a useful indicator of the region's communication and information sector performance.
Methodology
This data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) using established GDP estimation methods.
Historical Context
This economic trend is relevant for analyzing the health and competitiveness of the Southeast's communication industries and their contribution to regional economic growth.
Key Facts
- The Southeast BEA region includes Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia.
- The broadcasting and telecommunications industries account for a significant portion of the Southeast's GDP.
- This metric tracks inflation-adjusted output, providing a clear view of real economic growth in these sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of the broadcasting (except internet) and telecommunications industries in the Southeast BEA region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the economic output and growth of key communication sectors in the Southeast, which is useful for analyzing the region's economic performance and competitiveness.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) using established GDP estimation methods.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, economists, and industry analysts looking to understand the health and growth of the Southeast's communication and information sectors and their contribution to regional economic development.
Q: Are there update delays or limitations?
A: There may be typical data publication delays, but the BEA provides timely updates of this regional GDP metric.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Broadcasting (Except Internet) and Telecommunications (515, 517) in the Southeast BEA Region (SESTBRDTELERGSP), retrieved from FRED.