Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Missouri
MOPAPMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.72
Year-over-Year Change
-29.18%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Missouri measures the real output of the paper manufacturing industry in the state. This metric is crucial for understanding economic trends and productivity in a key manufacturing 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
This index tracks the real, inflation-adjusted output of paper manufacturing establishments located in Missouri. It is a valuable indicator of the industry's overall health and productivity, and can provide insights into the broader economic conditions affecting the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using production and price information from businesses in the paper manufacturing industry.
Historical Context
Policymakers and economists monitor this trend to assess the performance and competitiveness of Missouri's manufacturing base.
Key Facts
- Missouri is a major center for paper manufacturing in the United States.
- This index tracks real output, adjusting for inflation to provide a more accurate measure of industry performance.
- Paper manufacturing is an important contributor to Missouri's economy and employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the paper manufacturing industry in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and productivity of a key manufacturing sector in Missouri, which is crucial for understanding broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using production and price information from businesses in the paper manufacturing industry.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the performance and competitiveness of Missouri's manufacturing base, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and potential revisions of the U.S. Bureau of Economic Analysis, which may result in slight delays or changes to the reported values.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in Missouri (MOPAPMANQGSP), retrieved from FRED.