Chain-Type Quantity Index for Real GDP: Transportation and Utilities (22, 48-49) in Delaware
DETRANSUTILQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.81
Year-over-Year Change
46.21%
Date Range
1/1/1997 - 1/1/2024
Summary
This economic trend measures the chain-type quantity index for real GDP in the transportation and utilities sectors in the state of Delaware. It is an important indicator for policymakers and analysts to understand economic activity and productivity in these critical industries.
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 transportation and utilities tracks the volume of economic output in these sectors, adjusted for inflation. It is used to analyze trends in productivity, infrastructure investment, and the overall health of these industries within Delaware's economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using survey and administrative sources.
Historical Context
This metric helps inform policy decisions related to infrastructure, energy, and economic development in Delaware.
Key Facts
- Delaware's transportation and utilities sectors account for over 10% of its total GDP.
- The index has grown by 20% over the past decade, outpacing national averages.
- This metric is a key input for infrastructure investment and energy policy planning.
FAQs
Q: What does this economic trend measure?
A: This trend measures the chain-type quantity index for real GDP in Delaware's transportation and utilities sectors, providing a gauge of productivity and economic activity in these industries.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the performance and contribution of critical infrastructure and energy-related industries within Delaware's economy, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using survey and administrative sources.
Q: How is this trend used in economic policy?
A: This metric helps inform policy decisions related to infrastructure, energy, and economic development in Delaware, as it provides insights into the productivity and growth of these key sectors.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Transportation and Utilities (22, 48-49) in Delaware (DETRANSUTILQGSP), retrieved from FRED.