Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Hawaii
HIPIPETRANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.36
Year-over-Year Change
N/A%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Hawaii measures the volume of economic activity in the pipeline transportation industry within the state. This metric is important for economists and policymakers to gauge the overall health and growth of Hawaii's economy.
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: Pipeline Transportation (486) in Hawaii is a measure of the inflation-adjusted output of the pipeline transportation industry in the state. It is used to analyze trends in economic production and can provide insights into the broader performance of Hawaii's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This economic trend is relevant for assessing the state of Hawaii's infrastructure, energy, and logistics sectors.
Key Facts
- The index has a base year of 2012.
- Pipeline transportation accounts for a small but important part of Hawaii's economy.
- The index has shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Hawaii measures the volume of economic activity in the pipeline transportation industry within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall health and growth of Hawaii's economy, with a focus on the infrastructure and logistics sectors.
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: This trend is relevant for assessing the state of Hawaii's infrastructure, energy, and logistics sectors, which are important considerations for economic policymakers.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Bureau of Economic Analysis, but there may be a short delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Pipeline Transportation (486) in Hawaii (HIPIPETRANQGSP), retrieved from FRED.