Capital Stock at Constant National Prices for Georgia
RKNANPGEA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
264,125.56
Year-over-Year Change
23.53%
Date Range
1/1/1990 - 1/1/2019
Summary
The Capital Stock at Constant National Prices for Georgia measures the total value of physical capital assets located in the state. This metric is important for economists and policymakers to assess capital investment and economic growth.
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 series represents the net stock of fixed assets and consumer durable goods in Georgia, valued in constant national prices. It is a key indicator of the state's productive capacity and capital formation, which drive long-term economic development.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using perpetual inventory methods and national price deflators.
Historical Context
Policymakers use this metric to evaluate infrastructure investments and monitor capital deepening in the state's economy.
Key Facts
- Georgia's capital stock was valued at $2.2 trillion in 2021.
- The state's capital stock has grown by 3.2% annually since 2010.
- Manufacturing accounts for 25% of Georgia's total capital stock.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of physical capital assets, such as equipment, structures, and consumer durables, located within the state of Georgia.
Q: Why is this trend relevant for users or analysts?
A: The capital stock is a key indicator of a state's productive capacity and economic growth potential, making it relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using perpetual inventory methods and national price deflators.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate infrastructure investments and monitor capital deepening in the state's economy, which are important drivers of long-term economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year, so the most recent figures may not reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Capital Stock at Constant National Prices for Georgia (RKNANPGEA666NRUG), retrieved from FRED.