Chain-Type Quantity Index for Real GDP: Administrative and Support and Waste Management and Remediation Services (56) in Hawaii
HIADMINWASTQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.50
Year-over-Year Change
6.42%
Date Range
1/1/2005 - 1/1/2025
Summary
This index measures the real output of the administrative and support and waste management and remediation services industry in Hawaii. It is an important indicator of economic activity and productivity in the service 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 Chain-Type Quantity Index for Real GDP measures the real, inflation-adjusted output of specific industries. It is used by economists and policymakers to analyze trends in economic productivity and the composition of GDP.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using surveys and economic censuses.
Historical Context
This metric provides insight into the health and dynamics of Hawaii's service economy.
Key Facts
- Hawaii's administrative and waste services industry accounts for over 10% of the state's GDP.
- This index has grown at an average annual rate of 2.5% over the past decade.
- The sector is a major employer in Hawaii, providing over 50,000 jobs.
FAQs
Q: What does this economic trend measure?
A: This index measures the real, inflation-adjusted output of the administrative and support and waste management and remediation services industry in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productivity and economic health of an important service sector in Hawaii's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using surveys and economic censuses.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to analyze trends in economic productivity and the composition of Hawaii's GDP.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months.
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Commercial Carbon Dioxide Emissions, LPG (Fuel Use) for Hawaii
EMISSCO2VHLCCBHIA
Number of Identified Exporters to Mexico from Hawaii
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Administrative and Support and Waste Management and Remediation Services (56) in Hawaii (HIADMINWASTQQGSP), retrieved from FRED.