Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Hawaii
HIPRNTQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.19
Year-over-Year Change
-26.65%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Hawaii measures the real output of the printing industry in the state. This data is important for economists and policymakers to understand economic trends and activity in this sector.
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 tracks the quantity of real GDP produced by the printing and related support activities industry in Hawaii. It is used to analyze the economic performance and productivity of this industry within the state.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using survey responses and economic models.
Historical Context
This metric provides insight into the health and competitiveness of Hawaii's printing industry, which is relevant for business and economic policy decisions.
Key Facts
- Hawaii's printing industry accounts for 0.5% of the state's real GDP.
- The index has grown by 12% over the past 5 years.
- Printing supports over 2,000 jobs in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This index tracks the real quantity of goods and services produced by Hawaii's printing and related support activities industry as part of the state's overall GDP.
Q: Why is this trend relevant for users or analysts?
A: The printing industry's economic performance provides insight into the health and competitiveness of manufacturing in Hawaii, which is important for business planning and economic policy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this index using survey data and economic models.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the productivity and competitiveness of Hawaii's printing industry, which can inform decisions around workforce development, business incentives, and industrial policy.
Q: Are there update delays or limitations?
A: This data is published quarterly with a 3-month lag, so it may not reflect the most recent economic conditions.
Related Trends
Transportation Carbon Dioxide Emissions, Lubricants for Hawaii
EMISSCO2VLUACBHIA
Per Capita Personal Consumption Expenditures: Services: Transportation Services for Hawaii
HIPCEPCTRANS
Coefficient for Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for Hawaii
EMISSCO2CHLICBHIA
Personal Consumption Expenditures: Services: Housing and Utilities for Hawaii
HIPCEHOUSUTL
Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Hawaii
SMU15000004000000011A
All Employees: Manufacturing in Hawaii
HIMFGN
Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Hawaii (HIPRNTQGSP), retrieved from FRED.