Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Colorado
COTRANSWAREQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.90
Year-over-Year Change
10.53%
Date Range
1/1/2005 - 1/1/2025
Summary
The Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Colorado measures the real output of the transportation and warehousing sector in the state. This trend is a key indicator of economic activity and productivity in this important industry.
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 the inflation-adjusted output of the transportation and warehousing sector in Colorado over time. This metric provides insight into the performance and growth of this critical infrastructure industry, which supports the broader state economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using state-level GDP figures.
Historical Context
Transportation and warehousing trends are closely monitored by policymakers and businesses to understand supply chain dynamics and inform economic decision-making.
Key Facts
- Colorado's transportation and warehousing sector accounts for over 5% of state GDP.
- The industry employs more than 200,000 workers in Colorado.
- This index has grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Colorado measures the real output and productivity of the transportation and warehousing industry in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the performance of a key industry that underpins Colorado's broader economic activity and growth.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using state-level GDP figures.
Q: How is this trend used in economic policy?
A: Transportation and warehousing trends are closely monitored by policymakers and businesses to understand supply chain dynamics and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Colorado (COTRANSWAREQQGSP), retrieved from FRED.