Chain-Type Quantity Index for Real GDP: Mining (Except Oil and Gas) (212) in Delaware
DEMINEXOILGASQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.44
Year-over-Year Change
7270.69%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Mining (Except Oil and Gas) (212) in Delaware measures the real output of the mining sector in Delaware, excluding oil and gas extraction. This trend is a key indicator of economic activity and productivity in the state's mining 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: Mining (Except Oil and Gas) (212) in Delaware is a seasonally adjusted time series that tracks the volume of production in the mining sector, excluding oil and gas. It is used to analyze trends in industrial output and assess the overall health of the state's economy.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis using established national accounting procedures.
Historical Context
This index is relevant for policymakers, businesses, and analysts monitoring economic conditions and industry performance in Delaware.
Key Facts
- The index has a base year of 2012.
- Mining (Except Oil and Gas) accounts for a small share of Delaware's GDP.
- The index reached its highest level in 2018.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Mining (Except Oil and Gas) (212) in Delaware measures the real output of the mining sector in the state, excluding oil and gas extraction.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of economic activity and productivity in Delaware's mining industry, which can provide insights into the overall health of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis using established national accounting procedures.
Q: How is this trend used in economic policy?
A: This index is relevant for policymakers, businesses, and analysts monitoring economic conditions and industry performance in Delaware.
Q: Are there update delays or limitations?
A: The data is subject to the standard release schedule and potential revisions by the U.S. Federal Reserve.
Related Trends
Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Delaware
MEDLISPRIPERSQUFEEYYDE
Average Weekly Earnings of All Employees: Manufacturing in Delaware
SMU10000003000000011
All Employees: Financial Activities in Delaware
SMU10000005500000001A
State Government Tax Collections, Individual Income Taxes in Delaware
DEINCTAX
State Government Tax Collections, Total Income Taxes in Delaware
DETLINCTAX
Coefficient for Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Delaware
EMISSCO2CARICBDEA
Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Mining (Except Oil and Gas) (212) in Delaware (DEMINEXOILGASQGSP), retrieved from FRED.