Chain-Type Quantity Index for Real GDP: Other Transportation Equipment Manufacturing (3364-3466, 3369) in Delaware
DEOTRANEQMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.65
Year-over-Year Change
26.14%
Date Range
1/1/1997 - 1/1/2023
Summary
This trend measures the chain-type quantity index for real GDP in the other transportation equipment manufacturing industry in Delaware. It provides insights into the production and economic activity within this important manufacturing 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
The chain-type quantity index for real GDP in the other transportation equipment manufacturing industry in Delaware tracks the inflation-adjusted output of this sector. It is a key indicator of economic performance and productivity within this specific manufacturing subsector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their regional GDP by industry accounts.
Historical Context
This trend is closely monitored by economists and policymakers to assess the health and competitiveness of Delaware's manufacturing base.
Key Facts
- Delaware's other transportation equipment manufacturing industry accounts for a significant portion of the state's GDP.
- This industry includes the production of aerospace products, railroad rolling stock, and other transportation equipment.
- The chain-type quantity index provides a measure of real output growth, adjusting for inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the chain-type quantity index for real GDP in the other transportation equipment manufacturing industry in Delaware. It tracks the inflation-adjusted output of this specific manufacturing subsector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance and productivity of an important manufacturing industry in Delaware, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their regional GDP by industry accounts.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the health and competitiveness of Delaware's manufacturing base, which is crucial for the state's economic development and growth.
Q: Are there update delays or limitations?
A: The data is published by the U.S. Bureau of Economic Analysis on a regular schedule, but there may be a delay of several months between the end of the reporting period and the release of the data.
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Citation
U.S. Bureau of Economic Analysis, Chain-Type Quantity Index for Real GDP: Other Transportation Equipment Manufacturing (3364-3466, 3369) in Delaware (DEOTRANEQMANQGSP), retrieved from FRED.