Chain-Type Quantity Index for Real GDP: Computer Systems Design and Related Services (5415) in the Southeast BEA Region
SESTCPUSYSDSGNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
185.25
Year-over-Year Change
184.73%
Date Range
1/1/1997 - 1/1/2023
Summary
This index measures the chain-type quantity index for real GDP in the computer systems design and related services industry in the Southeast BEA region. It provides insights into the productivity and economic activity of this important technology 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 chain-type quantity index for real GDP measures the inflation-adjusted output of the computer systems design and related services industry in the Southeast region. It is a key economic indicator used to analyze trends in technology sector growth and productivity.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) as part of their regional GDP estimates.
Historical Context
This index is closely watched by policymakers, economists, and industry analysts to gauge the health and competitiveness of the technology sector.
Key Facts
- The Southeast region accounts for over 20% of U.S. GDP.
- The computer systems design industry makes up 3% of the region's economy.
- This index has grown by an average of 5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This index measures the chain-type quantity index for real GDP in the computer systems design and related services industry in the Southeast BEA region.
Q: Why is this trend relevant for users or analysts?
A: This index provides key insights into the productivity and economic activity of the important technology sector in the Southeast region.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) as part of their regional GDP estimates.
Q: How is this trend used in economic policy?
A: This index is closely watched by policymakers, economists, and industry analysts to gauge the health and competitiveness of the technology sector.
Q: Are there update delays or limitations?
A: The index is published quarterly with a lag of several months.
Related Trends
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SESTMISCMANNGSP
Gross Domestic Product: Funds, Trusts, and Other Financial Vehicles (525) in the Southeast BEA Region
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Chain-Type Quantity Index for Real GDP: Broadcasting (Except Internet) and Telecommunications (515, 517) in the Southeast BEA Region
SESTBRDTELEQGSP
Gross Domestic Product: Agriculture, Forestry, Fishing and Hunting (11) in the Southeast BEA Region
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Per Capita Personal Consumption Expenditures: Services: Transportation Services for Southeast BEA Region
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Gross Domestic Product: Educational Services (61) in the Southeast BEA Region
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Computer Systems Design and Related Services (5415) in the Southeast BEA Region (SESTCPUSYSDSGNQGSP), retrieved from FRED.