Chain-Type Quantity Index for Real GDP: Utilities (22) in Mississippi

MSUTILQQGSP • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

123.50

Year-over-Year Change

24.61%

Date Range

1/1/2005 - 1/1/2025

Summary

The Chain-Type Quantity Index for Real GDP: Utilities (22) in Mississippi measures the volume of economic output from the utilities sector in the state. This metric is important for economists and policymakers to assess the health and growth of Mississippi'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 Chain-Type Quantity Index for Real GDP: Utilities (22) in Mississippi tracks the real, inflation-adjusted output of the utilities industry, which includes electricity, natural gas, and water supply. This data provides insight into the productivity and efficiency of a key economic sector in the state.

Methodology

The index is calculated by the U.S. Bureau of Economic Analysis using data on production volumes and prices.

Historical Context

Trends in this index are monitored by policymakers, analysts, and businesses to understand the broader economic conditions in Mississippi.

Key Facts

  • The base year for the index is 2012.
  • Utilities account for around 2% of Mississippi's GDP.
  • The index reached a high of 114.71 in 2018.

FAQs

Q: What does this economic trend measure?

A: The Chain-Type Quantity Index for Real GDP: Utilities (22) in Mississippi measures the real, inflation-adjusted volume of economic output from the utilities sector in the state.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the productivity and growth of a key industry in Mississippi's economy, which is important for understanding broader economic conditions in the state.

Q: How is this data collected or calculated?

A: The index is calculated by the U.S. Bureau of Economic Analysis using data on production volumes and prices.

Q: How is this trend used in economic policy?

A: Trends in this index are monitored by policymakers, analysts, and businesses to assess the health and growth of Mississippi's economy.

Q: Are there update delays or limitations?

A: The data is published quarterly by the U.S. Bureau of Economic Analysis with a typical 1-2 month delay.

Related Trends

Citation

U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Utilities (22) in Mississippi (MSUTILQQGSP), retrieved from FRED.