Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in the District of Columbia
DCPAPMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
202.60
Year-over-Year Change
230.87%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in the District of Columbia measures the inflation-adjusted output of the paper manufacturing industry in the region. This metric provides insight into the productivity and economic health of the local paper industry.
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 tracks the real, inflation-adjusted value of goods and services produced by the paper manufacturing industry in the District of Columbia. Economists and policymakers use this data to analyze trends in industrial production and assess the broader economic performance of the region.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts methodology.
Historical Context
This economic indicator is relevant for understanding the District of Columbia's industrial and manufacturing landscape.
Key Facts
- The index uses 2012 as the base year.
- Paper manufacturing accounts for a small but important part of D.C.'s economy.
- The index reached its highest point in 2018.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in the District of Columbia measures the inflation-adjusted output of the paper manufacturing industry in the region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productivity and economic health of the local paper industry, which is relevant for understanding the District of Columbia's industrial and manufacturing landscape.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts methodology.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze trends in industrial production and assess the broader economic performance of the District of Columbia.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve and available through FRED.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in the District of Columbia (DCPAPMANQGSP), retrieved from FRED.