Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Iowa
IAPAPMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.10
Year-over-Year Change
-20.69%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Iowa measures the real output of the paper manufacturing industry in the state. This metric is important for economists and policymakers to understand regional economic trends and industry-specific productivity.
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 provides a measure of the real, inflation-adjusted output of the paper manufacturing sector in Iowa. It allows for comparisons of production levels over time, serving as a key indicator of economic activity and growth within this important industry.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index formula.
Historical Context
This economic indicator is used by policymakers and industry analysts to monitor the health and competitiveness of Iowa's paper manufacturing sector.
Key Facts
- Iowa is a major paper producing state in the U.S.
- Paper manufacturing is a key component of the state's economy.
- This index is seasonally adjusted to account for fluctuations.
FAQs
Q: What does this economic trend measure?
A: This economic trend measures the real, inflation-adjusted output of the paper manufacturing industry in the state of Iowa.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists, policymakers, and industry analysts to understand productivity and growth in Iowa's paper manufacturing sector, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index formula.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and industry analysts to monitor the health and competitiveness of Iowa's paper manufacturing sector, informing economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to regular updates by the U.S. Bureau of Economic Analysis, though there may be some publication delays typical of government statistical releases.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Iowa (IAPAPMANQGSP), retrieved from FRED.