Chain-Type Quantity Index for Real GDP: Rail Transportation (482) in Hawaii
HIRAILTRANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1997 - 1/1/2021
Summary
The Chain-Type Quantity Index for Real GDP: Rail Transportation (482) in Hawaii measures the real economic output of the rail transportation industry in Hawaii. This metric is important for understanding Hawaii's economic growth and the relative contribution of different sectors.
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: Rail Transportation (482) in Hawaii is a measure of the real, inflation-adjusted output of the rail transportation industry in the state. It provides insights into the performance and contribution of this key economic sector within Hawaii's overall gross domestic product.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using national accounting principles.
Historical Context
This metric is used by economists and policymakers to analyze the economic health and sectoral composition of Hawaii's economy.
Key Facts
- Hawaii's rail transportation sector accounts for a small but important share of the state's GDP.
- The Chain-Type Quantity Index tracks changes in the real output of this industry over time.
- Policymakers use this metric to understand economic growth and industry performance in Hawaii.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Rail Transportation (482) in Hawaii measures the real, inflation-adjusted output of the rail transportation industry in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the performance and contribution of Hawaii's rail transportation sector within the state's overall economic growth and GDP.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using national accounting principles.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze the economic health and sectoral composition of Hawaii's economy.
Q: Are there update delays or limitations?
A: The data is subject to the standard update schedule and limitations of the U.S. Bureau of Economic Analysis' national accounts.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Rail Transportation (482) in Hawaii (HIRAILTRANQGSP), retrieved from FRED.