Chain-Type Quantity Index for Real GDP: Transportation and Utilities (22, 48-49) in the District of Columbia
DCTRANSUTILQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.36
Year-over-Year Change
-0.08%
Date Range
1/1/1997 - 1/1/2024
Summary
The Chain-Type Quantity Index for Real GDP: Transportation and Utilities (22, 48-49) in the District of Columbia measures the real economic output of the transportation and utilities sectors in Washington, D.C. This metric is important for economists and policymakers to assess the performance and contribution of these key industries to the local economy.
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 represents the real, inflation-adjusted output of the transportation and utilities industries in the District of Columbia. It is a component of the overall real GDP measure for the region and helps provide a more detailed picture of sectoral economic activity.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index formula.
Historical Context
This trend can inform policy decisions and market analysis related to the transportation and utility infrastructure and service needs in the Washington, D.C. metropolitan area.
Key Facts
- The index is based on 2012 as the reference year.
- Transportation and utilities account for around 9% of D.C.'s real GDP.
- The index reached its highest level in 2018 at 131.34.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the transportation and utilities industries in the District of Columbia as a component of the region's overall real GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the performance and contribution of key infrastructure and service sectors to the Washington, D.C. economy, which can inform policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index formula.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions and market analysis related to the transportation and utility infrastructure and service needs in the Washington, D.C. metropolitan area.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis with typical update delays of 1-2 months.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Transportation and Utilities (22, 48-49) in the District of Columbia (DCTRANSUTILQGSP), retrieved from FRED.