Chain-Type Quantity Index for Real GDP: Real Estate (531) in Delaware
DEREALQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.82
Year-over-Year Change
6.55%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Real Estate (531) in Delaware measures the real output of the real estate sector in Delaware. This statistic is important for economists and policymakers to analyze the state's economic growth and real estate market conditions.
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 quantity-based, inflation-adjusted output of the real estate industry in Delaware. It is a key indicator for evaluating the performance and contribution of the real estate sector to the state's overall economic activity.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index methodology.
Historical Context
This metric provides valuable insights for policymakers, real estate investors, and economists studying the Delaware economy.
Key Facts
- The index is measured with reference year 2012=100.
- Delaware's real estate sector accounts for a significant portion of its overall GDP.
- The index is updated quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the real estate sector in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the performance and contribution of Delaware's real estate industry to the state's overall economic growth and activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index methodology.
Q: How is this trend used in economic policy?
A: Policymakers, real estate investors, and economists use this metric to analyze the state's real estate market conditions and its impact on the overall Delaware economy.
Q: Are there update delays or limitations?
A: The index is updated quarterly by the U.S. Bureau of Economic Analysis, with some potential for minor delays in data reporting.
Related Trends
Residential Carbon Dioxide Emissions, Residential for Delaware
EMISSCO2VCLRCBDEA
All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Delaware
SMS10000006054000001
Monthly State Retail Sales: Miscellaneous Store Retailers in Delaware
MSRSDE453
Average Weekly Earnings of All Employees: Manufacturing in Delaware
SMU10000003000000011
Real Gross Domestic Product: Other Transportation and Support Activities (487-488, 492) in Delaware
DEOTHTRANRGSP
Per Capita Personal Consumption Expenditures: Goods for Delaware
DEPCEPCG
Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Real Estate (531) in Delaware (DEREALQGSP), retrieved from FRED.