Real Gross Domestic Product: Utilities (22) in Maryland
Quarterly, Seasonally Adjusted Annual Rate
MDUTILRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,410.40
Year-over-Year Change
-4.00%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (MDUTILRQGSP) measures the annualized change in industrial production. It is a key indicator of overall economic activity and helps policymakers assess the health of the manufacturing 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
The Quarterly, Seasonally Adjusted Annual Rate tracks the rate of change in total industrial production, which includes manufacturing, mining, and utilities. It is a widely followed metric used by economists, investors, and policymakers to gauge the strength of the U.S. economy.
Methodology
This data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of industrial facilities.
Historical Context
The industrial production index is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The industrial production index has a base year of 2017 = 100.
- Manufacturing accounts for about 75% of total industrial production.
- Utilities and mining make up the remaining 25% of the index.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (MDUTILRQGSP) measures the annualized change in total industrial production, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This metric is a closely watched indicator of overall economic activity and the health of the manufacturing sector, providing insights that inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by the Federal Reserve and other institutions to help inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of around six weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (MDUTILRQGSP), retrieved from FRED.