Gross Domestic Product: Transportation and Warehousing (48-49) in Wisconsin
Quarterly, Seasonally Adjusted Annual Rate
WITRANSWARENQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,206.40
Year-over-Year Change
2.49%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted Annual Rate' series measures the value of gross state product (GSP) for the wholesale trade industry in the United States. This key economic indicator provides insights into the overall health and performance of the wholesale trade 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 Quarterly, Seasonally Adjusted Annual Rate for Wholesale Trade Gross State Product tracks the total output and economic activity of the wholesale trade industry across the United States. It is a valuable metric for economists and policymakers to assess the strength and trends within this crucial commercial sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This economic series is widely used by government agencies, financial analysts, and industry stakeholders to monitor the wholesale trade industry's contribution to the broader economy.
Key Facts
- Wholesale trade accounts for over 5% of U.S. GDP.
- The series is released quarterly by the U.S. Bureau of Economic Analysis.
- The data is seasonally adjusted to account for cyclical variations.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted Annual Rate' series measures the total value of gross state product (GSP) for the wholesale trade industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This series is a key indicator of the overall health and performance of the wholesale trade sector, which is a crucial component of the U.S. economy. It provides important insights for economists, policymakers, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Q: How is this trend used in economic policy?
A: The Quarterly, Seasonally Adjusted Annual Rate for Wholesale Trade Gross State Product is widely used by government agencies, financial analysts, and industry stakeholders to monitor the wholesale trade industry's contribution to the broader economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical delay of several weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (WITRANSWARENQGSP), retrieved from FRED.