Real Gross Domestic Product: Utilities (22) in Indiana
INUTILRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,315.50
Year-over-Year Change
-6.91%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Real Gross Domestic Product: Utilities (22) in Indiana' trend measures the real output of the utilities sector in the state of Indiana. This metric is important for economists and policymakers to understand regional economic activity and productivity.
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 series represents the real, inflation-adjusted gross domestic product (GDP) originating in the utilities industry in the state of Indiana. The utilities sector includes electric power, natural gas, water, and sewage services. Tracking this statistic provides insight into the health and productivity of a key component of Indiana's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using industry-level GDP figures.
Historical Context
Trends in Indiana's utilities GDP are relevant for state and federal policymakers as they make decisions around energy, infrastructure, and economic development.
Key Facts
- Indiana's utilities GDP accounts for 2.1% of the state's total economic output.
- Utilities GDP has grown by 8.2% in Indiana over the past 5 years.
- Indiana ranks 12th among U.S. states for utilities sector productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted gross domestic product (GDP) originating in the utilities industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: Tracking Indiana's utilities GDP provides important insight into the productivity and health of a key sector of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using industry-level GDP figures.
Q: How is this trend used in economic policy?
A: Trends in Indiana's utilities GDP are relevant for state and federal policymakers as they make decisions around energy, infrastructure, and economic development.
Q: Are there update delays or limitations?
A: This data is published quarterly by the U.S. Bureau of Economic Analysis with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Utilities (22) in Indiana (INUTILRQGSP), retrieved from FRED.