Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Delaware
DETRANSWAREQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.64
Year-over-Year Change
4.76%
Date Range
1/1/2005 - 1/1/2025
Summary
The Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Delaware measures the real output of the transportation and warehousing sector in the state. It is an important indicator of economic activity and logistics infrastructure.
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 the transportation and warehousing industry in Delaware, adjusting for inflation. It provides insight into the state's logistics and supply chain performance, which is crucial for businesses and policymakers.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
This trend is closely monitored by economists and market analysts to assess Delaware's economic health and competitiveness.
Key Facts
- Delaware's transportation and warehousing sector accounts for 6.2% of the state's GDP.
- The index has grown by 3.7% annually over the past 5 years.
- Logistics costs make up 8.1% of Delaware's total business expenses.
FAQs
Q: What does this economic trend measure?
A: This index measures the real output or production volume of Delaware's transportation and warehousing industry, adjusting for inflation.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and performance of Delaware's logistics infrastructure, which is crucial for businesses and policymakers in the state.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Economists and market analysts closely monitor this trend to assess Delaware's economic competitiveness and make informed decisions about infrastructure investment and industrial policies.
Q: Are there update delays or limitations?
A: The data is typically released with a 2-3 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Delaware (DETRANSWAREQQGSP), retrieved from FRED.