Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Nebraska
NEPAPMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.66
Year-over-Year Change
-21.37%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Nebraska measures the output volume of the paper manufacturing industry in the state. This metric is important for economists and policymakers to assess the productivity and growth trends in a key industrial 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
This index tracks the real output, or production volume, of the paper manufacturing industry in Nebraska. It is a useful indicator of the industry's economic performance and can inform decisions around investment, workforce planning, and policy interventions.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting methods.
Historical Context
Policymakers and analysts use this index to monitor the health of Nebraska's manufacturing sector and its contribution to the state's overall economic activity.
Key Facts
- The index base year is 2012.
- Paper manufacturing is a major employer in Nebraska.
- The state's paper industry has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This index measures the real output, or production volume, of the paper manufacturing industry in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the productivity and growth trends in a key industrial sector of 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 established national accounting methods.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor the health of Nebraska's manufacturing sector and its contribution to the state's overall economic activity.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision practices of the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Nebraska (NEPAPMANQGSP), retrieved from FRED.