Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Nebraska
NEPIPETRANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.37
Year-over-Year Change
-59.18%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Nebraska measures the real output of the pipeline transportation industry in the state. This metric is important for analyzing economic productivity and growth within the energy infrastructure 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 volume of goods and services produced by pipeline transportation companies in Nebraska, adjusting for inflation. It is a key indicator of the sector's contribution to the state's overall economic activity and can inform investment and policy decisions.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of pipeline transportation businesses.
Historical Context
Policymakers and market analysts use this index to assess the performance and outlook of Nebraska's energy infrastructure industry.
Key Facts
- Nebraska is a major energy-producing state.
- Pipeline transportation is a critical component of the state's energy infrastructure.
- This index reflects the real output of the pipeline industry, adjusted for inflation.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Nebraska measures the real output of the pipeline transportation industry in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for analyzing economic productivity and growth within the energy infrastructure sector in Nebraska.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of pipeline transportation businesses.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this index to assess the performance and outlook of Nebraska's energy infrastructure industry.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Bureau of Economic Analysis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Nebraska (NEPIPETRANQGSP), retrieved from FRED.