Chain-Type Quantity Index for Real GDP: Rail Transportation (482) in the District of Columbia
DCRAILTRANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.31
Year-over-Year Change
-16.71%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Rail Transportation (482) in the District of Columbia measures the volume of economic output specifically for the rail transportation industry in the Washington, D.C. region. This trend is an important indicator of productivity and infrastructure capacity in the nation's capital.
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 index tracks changes in the real, inflation-adjusted output of the rail transportation sector in D.C. over time. It is a valuable metric for analyzing the role of rail infrastructure and services in the local economy and can inform policymaking around transportation investment.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national accounts methodologies.
Historical Context
Policymakers and industry analysts monitor this trend to assess the health and competitiveness of the District's transportation networks.
Key Facts
- The index uses 2012 as the base year.
- Rail transportation accounts for 1.2% of D.C.'s total GDP.
- The index reached a peak of 110.7 in 2015.
FAQs
Q: What does this economic trend measure?
A: This index measures the real, inflation-adjusted output of the rail transportation industry in the District of Columbia. It tracks changes in the volume of economic activity for this sector over time.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the productivity and infrastructure capacity of the rail transportation system in the nation's capital, which is crucial for economic competitiveness and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using established national accounts methodologies.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to assess the health and competitiveness of the District's transportation networks and inform decisions around infrastructure investment.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
Related Trends
Chain-Type Quantity Index for Real GDP: Nondurable Goods Manufacturing (311-316, 322-326) in the District of Columbia
DCNDURMANQGSP
Transportation Carbon Dioxide Emissions, LPG (Fuel Use) for District of Columbia
EMISSCO2VHLACBDCA
All Employees: Professional, Scientific, and Technical Services in the District of Columbia
SMU11000006054000001A
Forestry, Fishing, Related Activities and Other Wages and Salaries in District of Columbia
DCWFOR
Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for District of Columbia
EMISSCO2CNGICBDCA
Chain-Type Quantity Index for Real GDP: Oil and Gas Extraction (211) in the District of Columbia
DCOILGASQGSP
Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Rail Transportation (482) in the District of Columbia (DCRAILTRANQGSP), retrieved from FRED.