Real Gross Domestic Product: Transportation and Warehousing (48-49) in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DETRANSWARERQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,610.60
Year-over-Year Change
4.76%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (DETRANSWARERQGSP) measures the inflation-adjusted, annualized change in real gross state product. This metric provides important insights into regional economic growth and performance.
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 Quarterly, Seasonally Adjusted Annual Rate is a key indicator of regional economic activity, reflecting the inflation-adjusted change in total output of goods and services produced within a U.S. state or territory on an annualized basis. It is a widely-used measure for evaluating state-level economic trends and policy impacts.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a variety of government and private sources.
Historical Context
Policymakers and market analysts closely monitor this metric to gauge the health and trajectory of state economies.
Key Facts
- The data is released on a quarterly basis.
- Real gross state product excludes the effects of inflation.
- The annualized rate facilitates comparison across time periods.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (DETRANSWARERQGSP) measures the inflation-adjusted, annualized change in real gross state product, providing insights into regional economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by policymakers, economists, and market analysts to evaluate the health and performance of state-level economies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a variety of government and private sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to gauge the trajectory of state economies and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag time of several months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DETRANSWARERQGSP), retrieved from FRED.