Real Gross Domestic Product: Transportation and Warehousing (48-49) in Indiana
INTRANSWARERQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,999.90
Year-over-Year Change
-1.35%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the real gross domestic product (GDP) for the transportation and warehousing industry in the state of Indiana. It provides valuable insights into the performance and growth of this critical sector of the state's economy.
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 Real Gross Domestic Product: Transportation and Warehousing (48-49) in Indiana series tracks the inflation-adjusted economic output of the transportation and warehousing industry within the state. It is an important indicator of economic activity and productivity in this key component of Indiana's overall economic landscape.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national income and product accounting methods.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess the health and dynamics of Indiana's transportation and logistics industries.
Key Facts
- The transportation and warehousing industry accounts for over 5% of Indiana's total GDP.
- This trend has grown by an average of 2.5% annually over the past decade.
- Indiana is a major logistics hub, home to several major interstate highways and freight rail lines.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) for the transportation and warehousing industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance and growth of a critical sector of Indiana's economy, which is important for policymakers, economists, and market analysts to assess.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national income and product accounting methods.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and market analysts to assess the health and dynamics of Indiana's transportation and logistics industries, which are crucial for the state's overall economic development.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with some potential for minor revisions to historical data.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Transportation and Warehousing (48-49) in Indiana (INTRANSWARERQGSP), retrieved from FRED.