Chain-Type Quantity Index for Real GDP: Finance, Insurance, Real Estate, Rental, and Leasing (52, 53) in Nebraska
NEFININSREALQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.06
Year-over-Year Change
60.65%
Date Range
1/1/1997 - 1/1/2024
Summary
This index measures the chain-type quantity of real GDP for the finance, insurance, real estate, rental, and leasing sectors in Nebraska. It is an important indicator of economic activity and productivity in these key industries.
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 in these sectors provides a reliable measure of economic output over time. It adjusts for inflation and allows for comparisons of real economic growth across different periods.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using industry-level GDP data.
Historical Context
This trend is closely watched by policymakers, financial analysts, and businesses to assess the health and trajectory of Nebraska's economy.
Key Facts
- The index is based on 2012 as the reference year.
- Finance, insurance, real estate, rental, and leasing account for over 20% of Nebraska's GDP.
- The index has grown by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This index measures the real, inflation-adjusted quantity of economic output in Nebraska's finance, insurance, real estate, rental, and leasing sectors.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the performance and productivity of key industries that are critical to Nebraska's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using industry-level GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the health and growth of Nebraska's economy, particularly in the financial and real estate sectors.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.
Related Trends
Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Nebraska
MEDLISPRIPERSQUFEEMMNE
All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Nebraska
SMU31000003133600001SA
Regional Price Parities: Goods for Nebraska
NERPPGOOD
Housing Inventory: Active Listing Count Month-Over-Month in Nebraska
ACTLISCOUMMNE
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for Nebraska
NEPCEPCODURG
Number of Commercial Banks in Nebraska
X08CBTNE
Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Finance, Insurance, Real Estate, Rental, and Leasing (52, 53) in Nebraska (NEFININSREALQGSP), retrieved from FRED.