Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Massachusetts
MAPAPMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.31
Year-over-Year Change
7.47%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Massachusetts measures the real output of the paper manufacturing industry in the state. This indicator is important for economists and policymakers to assess regional economic performance and industry-specific trends.
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 tracks the real, inflation-adjusted production of paper manufacturing companies in Massachusetts. It is a useful metric for analyzing the state's economic growth, industrial composition, and competitiveness within this key sector.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using production and price indexes.
Historical Context
Trends in this index help inform regional economic policy and business investment decisions.
Key Facts
- Massachusetts is a top state for paper manufacturing.
- This index tracks real output, not just nominal revenue.
- The data is released quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Massachusetts measures the real, inflation-adjusted output of the paper manufacturing industry in the state.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of regional economic performance and industry-specific trends that can inform policy and business decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using production and price indexes.
Q: How is this trend used in economic policy?
A: Trends in this index help inform regional economic policy and business investment decisions related to the paper manufacturing industry in Massachusetts.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, so there may be a short delay in the most recent figures.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Massachusetts (MAPAPMANQGSP), retrieved from FRED.