Chain-Type Quantity Index for Real GDP: Miscellaneous Manufacturing (339) in Delaware
DEMISCMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.40
Year-over-Year Change
9.78%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Miscellaneous Manufacturing (339) in Delaware measures the real output of the miscellaneous manufacturing industry in the state. It provides insight into the health and productivity of this important economic sector.
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 the volume of goods produced by miscellaneous manufacturers in Delaware, adjusting for price changes to give a clear picture of real economic activity. It is a key indicator for understanding industrial production and competitiveness in the state.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of manufacturing firms.
Historical Context
Policymakers and analysts use this index to assess the strength of Delaware's manufacturing base and guide economic development initiatives.
Key Facts
- The index uses 2012 as the base year.
- Miscellaneous manufacturing represents about 5% of Delaware's GDP.
- The index reached its highest point in 2018.
FAQs
Q: What does this economic trend measure?
A: This index measures the real output of the miscellaneous manufacturing industry in Delaware, adjusting for price changes to provide a clear picture of production volumes.
Q: Why is this trend relevant for users or analysts?
A: The miscellaneous manufacturing index is an important indicator of industrial activity and competitiveness in Delaware, providing insights that can inform economic policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of manufacturing firms in Delaware.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the strength of Delaware's manufacturing base and guide economic development initiatives in the state.
Q: Are there update delays or limitations?
A: The index is published quarterly with a typical 1-2 month delay, and may be subject to revisions as new data becomes available.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Miscellaneous Manufacturing (339) in Delaware (DEMISCMANQGSP), retrieved from FRED.