Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in the District of Columbia
DCPIPETRANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.29
Year-over-Year Change
-99.88%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in the District of Columbia measures the output volume of the pipeline transportation industry in the nation's capital. This trend is an important indicator of economic activity and infrastructure utilization in the region.
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 tracks changes in the real, inflation-adjusted output of the pipeline transportation sector, which includes the transmission of natural gas, crude oil, and refined petroleum products. This metric helps economists and policymakers assess the productivity and capacity of the District's energy distribution network.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Historical Context
Trends in pipeline transportation activity can inform decisions around energy policy, infrastructure investment, and industrial regulation.
Key Facts
- The pipeline transportation industry accounts for about 0.7% of the District's GDP.
- The index has a base year of 2012 = 100.
- Quarterly data is available from 2005 to the present.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in the District of Columbia measures the inflation-adjusted output volume of the pipeline transportation industry in the nation's capital.
Q: Why is this trend relevant for users or analysts?
A: This metric helps economists and policymakers assess the productivity and capacity of the District's energy distribution network, which can inform decisions around energy policy, infrastructure investment, and industrial regulation.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Q: How is this trend used in economic policy?
A: Trends in pipeline transportation activity can inform decisions around energy policy, infrastructure investment, and industrial regulation in the District of Columbia.
Q: Are there update delays or limitations?
A: Quarterly data is available from 2005 to the present with no known update delays.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in the District of Columbia (DCPIPETRANQGSP), retrieved from FRED.