Real Gross Domestic Product: Management of Companies and Enterprises (55) in the Southeast BEA Region
SESTMNGCOENTPRRGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121,522.30
Year-over-Year Change
102.63%
Date Range
1/1/1997 - 1/1/2024
Summary
The Real Gross Domestic Product: Management of Companies and Enterprises (55) in the Southeast BEA Region is an economic indicator that measures the inflation-adjusted output of the management of companies and enterprises sector in the Southeast region of the United States. This metric is important for analyzing regional economic performance and trends.
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 series represents the real, inflation-adjusted GDP originating from the management of companies and enterprises industry in the Southeast Bureau of Economic Analysis (BEA) region. It provides insight into the production and growth of this key sector within the regional economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using official GDP and price index figures.
Historical Context
Policymakers and analysts use this regional GDP data to assess economic conditions and guide policy decisions.
Key Facts
- The Southeast BEA region includes Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia.
- The management of companies and enterprises sector includes establishments that hold the securities of, or manage, companies and enterprises.
- This series is adjusted for inflation using the regional price deflator.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted gross domestic product originating from the management of companies and enterprises sector in the Southeast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This regional GDP data provides important insights into the economic performance and growth of the management of companies and enterprises industry, which is a key sector within the Southeast economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using official GDP and price index figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this regional GDP data to assess economic conditions and guide policy decisions for the Southeast region.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and revisions as the overall regional GDP statistics published by the Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Management of Companies and Enterprises (55) in the Southeast BEA Region (SESTMNGCOENTPRRGSP), retrieved from FRED.