Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Nebraska
NEPRNTQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.82
Year-over-Year Change
-36.78%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Nebraska measures the inflation-adjusted output of the printing industry in the state. This metric provides insight into the economic health and productivity of a key 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 Chain-Type Quantity Index tracks changes in the real, or inflation-adjusted, production volume of the printing and related support activities industry in Nebraska. This helps economists and policymakers assess the state's manufacturing competitiveness and industrial trends over time.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-weighted methodology to account for changes in prices and quantities.
Historical Context
This index can inform decisions around economic development, workforce, and infrastructure policies that support the printing industry in Nebraska.
Key Facts
- The printing industry accounts for over 3% of Nebraska's total manufacturing GDP.
- Nebraska's printing sector employs more than 5,000 workers statewide.
- The Chain-Type Quantity Index uses 2012 as the base year.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Nebraska measures the inflation-adjusted output and production volume of the printing industry in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic health and competitiveness of a key manufacturing sector in Nebraska, which can inform policy decisions around economic development, workforce, and infrastructure.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a chain-weighted methodology to account for changes in prices and quantities.
Q: How is this trend used in economic policy?
A: The Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Nebraska can inform decisions around policies that support the printing industry, such as economic development initiatives, workforce training, and infrastructure investments.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with a typical 2-3 month lag between the end of the reference period and the release of the index value.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Nebraska (NEPRNTQGSP), retrieved from FRED.