Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Delaware
DEPIPETRANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.58
Year-over-Year Change
58.23%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Delaware measures the real economic output of the pipeline transportation industry in the state. This metric is important for economists and policymakers to assess the health and productivity of a key component of Delaware's infrastructure and logistics 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 tracks the real volume of goods transported through pipelines in Delaware, adjusting for inflation. This provides insight into the state's midstream energy and logistics industries, which are crucial for supporting other economic activities.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their comprehensive GDP by industry statistics.
Historical Context
This metric is used by policymakers, investors, and analysts to monitor trends in Delaware's energy and transportation infrastructure.
Key Facts
- Delaware's pipeline transportation industry accounts for 0.4% of the state's total real GDP.
- The index has increased by 14% over the past 5 years, indicating growing activity.
- Pipeline transportation is a capital-intensive industry that supports energy distribution and logistics.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Delaware measures the real output or production volume of the pipeline transportation industry in the state, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and productivity of Delaware's energy infrastructure and logistics sector, which is an important component of the state's overall economic activity.
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 comprehensive GDP by industry statistics.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts use this metric to monitor trends in Delaware's energy and transportation infrastructure, which informs decisions about investment, regulation, and economic development.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months, so there may be a short delay in accessing the most recent information.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Delaware (DEPIPETRANQGSP), retrieved from FRED.