Real Gross Domestic Product: Wholesale Trade (42) in Oregon
ORWHOLERQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,388.80
Year-over-Year Change
-5.67%
Date Range
1/1/2005 - 1/1/2025
Summary
The Real Gross Domestic Product: Wholesale Trade (42) in Oregon measures the inflation-adjusted output of the wholesale trade sector in the state. This metric is a key indicator of economic activity and productivity in Oregon's distribution and logistics 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 Real Gross Domestic Product: Wholesale Trade (42) in Oregon tracks the volume of goods being traded and distributed by wholesalers within the state. This statistic is used by economists and policymakers to analyze trends in Oregon's trade and logistics sectors and their contribution to overall state economic performance.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national income accounting methods.
Historical Context
Trends in wholesale trade GDP are monitored by state and federal agencies to inform economic and trade policy decisions.
Key Facts
- Wholesale trade accounts for around 10% of Oregon's total GDP.
- Oregon's wholesale trade GDP grew by 3.2% in 2021.
- The wholesale sector employs over 130,000 workers in Oregon.
FAQs
Q: What does this economic trend measure?
A: The Real Gross Domestic Product: Wholesale Trade (42) in Oregon measures the inflation-adjusted output or production of the wholesale trade sector in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and performance of Oregon's logistics and distribution industries, which are key contributors to the state's overall economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using established national income accounting methods.
Q: How is this trend used in economic policy?
A: Trends in Oregon's wholesale trade GDP are monitored by state and federal agencies to inform economic and trade policy decisions that impact the distribution and logistics 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.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Wholesale Trade (42) in Oregon (ORWHOLERQGSP), retrieved from FRED.