Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Delaware
DERETAILQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.67
Year-over-Year Change
28.88%
Date Range
1/1/2005 - 1/1/2025
Summary
The Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Delaware measures the inflation-adjusted output of the retail trade sector in the state. This metric is a key indicator of economic activity and consumer spending in Delaware.
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 changes in the real, inflation-adjusted dollar value of retail trade goods and services produced in Delaware. It is used by economists and policymakers to gauge the health and trajectory of the state's retail economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses in the retail trade sector.
Historical Context
This index provides timely insights into consumer demand and spending patterns that inform economic and policy decisions.
Key Facts
- Delaware's retail trade sector accounts for about 5% of the state's GDP.
- The index uses 2012 as the base year for measuring real output changes.
- The index is released quarterly, providing timely economic data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted output of the retail trade sector in the state of Delaware. It tracks changes in the real dollar value of retail goods and services produced.
Q: Why is this trend relevant for users or analysts?
A: The Chain-Type Quantity Index for Real GDP: Retail Trade in Delaware is an important indicator of consumer spending and economic activity in the state. It provides valuable insights for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses in the retail trade sector.
Q: How is this trend used in economic policy?
A: This index is used by economists and policymakers to gauge the health and trajectory of Delaware's retail economy, which informs economic and policy decisions at the state level.
Q: Are there update delays or limitations?
A: The index is released quarterly, providing timely economic data. There may be minor revisions to previously published figures as more complete information becomes available.
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Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Delaware
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Delaware (DERETAILQQGSP), retrieved from FRED.