Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in the Great Lakes BEA Region
Quarterly, Seasonally Adjusted
GLAKTRANSWAREQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.92
Year-over-Year Change
0.09%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the gross value of output from the transportation and warehousing sector of the U.S. economy. This metric is a key indicator of economic activity and logistics 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 series provides a comprehensive view of the transportation and warehousing industry's contribution to GDP. It is widely used by economists, policymakers, and industry analysts to assess the health and trends within this crucial economic sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the Gross Domestic Product (GDP) reports.
Historical Context
This economic indicator helps inform decisions around infrastructure investment, supply chain management, and broader macroeconomic policy.
Key Facts
- The transportation and warehousing sector accounts for approximately 4% of U.S. GDP.
- Quarterly growth in this sector reflects changes in consumer demand and business investment.
- Seasonal adjustments help identify underlying economic trends beyond typical seasonal variations.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the gross output of the transportation and warehousing industry, a key component of U.S. GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and performance of the logistics and supply chain sectors, which are critical to the broader economy.
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 the Gross Domestic Product (GDP) reports.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to inform decisions around infrastructure investment, supply chain management, and broader macroeconomic policy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted series is released on a regular schedule by the U.S. Bureau of Economic Analysis, with typical update delays of 1-2 months.
Related Trends
Gross Domestic Product: Management of Companies and Enterprises (55) in the Great Lakes BEA Region
GLAKMNGCOENTPRNQGSP
Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Great Lakes BEA Region
GLAKPCEGAS
Real Gross Domestic Product: Utilities (22) in the Great Lakes BEA Region
GLAKUTILRQGSP
Per Capita Personal Income in the Great Lakes BEA Region
BEAGLPCPI
Real Gross Domestic Product: Transit and Ground Passenger Transportation (485) in the Great Lakes BEA Region
GLAKTRANGRNDTRANRGSP
Chain-Type Quantity Index for Real GDP: Information (51) in the Great Lakes BEA Region
GLAKINFOQGSP
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (GLAKTRANSWAREQQGSP), retrieved from FRED.