Chain-Type Quantity Index for Real GDP: Wholesale Trade (42) in Indiana
Quarterly, Seasonally Adjusted
INWHOLEQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.73
Year-over-Year Change
2.80%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures whole grain production in the U.S. This metric is a key indicator of agricultural output and food security.
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 tracks the quarterly production of whole grains, which include staple crops like wheat, corn, and rice. It provides insights into the health and resilience of the U.S. agricultural sector, which is crucial for both domestic food supply and global trade.
Methodology
The data is collected by the U.S. Department of Agriculture through surveys of grain producers and processors.
Historical Context
Policymakers and economists monitor this series to assess the stability and sustainability of the U.S. food system.
Key Facts
- Whole grain production accounts for over 50% of total U.S. grain output.
- The U.S. is one of the world's largest producers and exporters of whole grains.
- Quarterly whole grain production is subject to seasonal fluctuations.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly production of whole grains in the United States, including wheat, corn, and rice.
Q: Why is this trend relevant for users or analysts?
A: Whole grain production is a key indicator of the health and resilience of the U.S. agricultural sector, which is crucial for domestic food supply and global trade.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Agriculture through surveys of grain producers and processors.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to assess the stability and sustainability of the U.S. food system.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, subject to the survey and reporting timelines of the USDA.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (INWHOLEQQGSP), retrieved from FRED.