Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Israel
Quarterly
ISRCP070000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.74
Year-over-Year Change
-64.58%
Date Range
1/1/1986 - 1/1/2025
Summary
This quarterly economic indicator measures inflation-adjusted gross state product (GSP) across all U.S. states. It provides a broad snapshot of economic growth and productivity at the state level.
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 Quarterly Gross State Product (QGSP) measures the total value of goods and services produced within each U.S. state, adjusted for inflation. It is a key indicator of state-level economic performance and an important tool for policymakers and analysts to gauge regional economic trends.
Methodology
The data is compiled by the U.S. Bureau of Economic Analysis using a variety of economic surveys and statistical models.
Historical Context
Quarterly GSP data informs fiscal and monetary policy decisions at the state and federal levels.
Key Facts
- Covers all 50 U.S. states and the District of Columbia.
- Adjusted for inflation using the national GDP deflator.
- Data released approximately 2 months after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Gross State Product (QGSP) measures the total value of goods and services produced within each U.S. state, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: QGSP data provides a comprehensive view of economic performance and productivity at the state level, which is crucial for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Economic Analysis using a variety of economic surveys and statistical models.
Q: How is this trend used in economic policy?
A: Quarterly GSP data informs fiscal and monetary policy decisions at the state and federal levels, helping to guide investments, spending, and regulatory actions.
Q: Are there update delays or limitations?
A: The data is released approximately 2 months after the end of each quarter, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly Gross State Product (ISRCP070000GYQ), retrieved from FRED.