Real GDP for the State of Iowa by Year, Administrative and Support and Waste Management and Remediation Services Sector
mydata.iowa.gov | Last Updated 30 Aug 2023This filtered view presents Real Gross Domestic Product for the administrative and support and waste management and remediation services sector and its subsectors in the State of Iowa by year beginning in 1997. Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.
This dataset has the following 4 columns:
Column Name | API Column Name | Data Type | Description | Sample Values |
---|---|---|---|---|
Year | date | calendar_date | Year the real GDP is reported for. | 2020-12-31T00:00:00.000 2007-12-31T00:00:00.000 1999-12-31T00:00:00.000 2013-12-31T00:00:00.000 2008-12-31T00:00:00.000 view top 100 |
Industry | industry | text | The industry sector or subsector associated with the reported real GDP estimate. | Administrative and support services Administrative and support and waste management and remediation services Waste management and remediation services view top 100 |
Real GDP | dollars | number | The real GDP estimate for the year and industry sector or subsector. Real GDP values are reported in millions of 2012 chained dollars by the U.S. Department of Commerce, Bureau of Economic Analysis, but have been converted to 2012 chained dollars for the purposes of this filtered view. Data are only accurate to the nearest $100,000. | 0.0 195000000.0 2429100000.0 267000000.0 2591600000.0 view top 100 |
Variable Code | variable_code | text | Unique identifier for the variable reported | SAGDP9N-66 SAGDP9N-67 SAGDP9N-65 view top 100 |