Gross Domestic Product: Transportation and Utilities (22, 48-49) in Missouri
MOTRANSUTILNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,909.30
Year-over-Year Change
62.20%
Date Range
1/1/1997 - 1/1/2024
Summary
This economic trend measures the gross domestic product (GDP) of the transportation and utilities sectors in the state of Missouri. It provides insights into the performance and growth of these key industries in the state'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 Gross Domestic Product: Transportation and Utilities (22, 48-49) in Missouri series tracks the total value of goods and services produced by the transportation and utilities industries in the state. This data is used by economists and policymakers to analyze the economic health and productivity of these vital sectors.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This trend is widely used to inform economic and policy decisions at the state and local level.
Key Facts
- Missouri's transportation and utilities GDP was $27.6 billion in 2021.
- This sector accounts for approximately 6.5% of Missouri's total economic output.
- The transportation and utilities industry in Missouri employs over 100,000 workers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the gross domestic product (GDP) of the transportation and utilities sectors in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the performance and growth of these key industries, which are crucial to Missouri's overall economic health and productivity.
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 widely used to inform economic and policy decisions at the state and local level, as it reflects the performance and contribution of the transportation and utilities sectors to Missouri's economy.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis, with some potential for delays due to the comprehensive nature of the GDP calculations.
Related Trends
Average Weekly Hours of All Employees: Goods Producing in Missouri
SMU29000000600000002
Electric Power Carbon Dioxide Emissions, Residual Fuel for Missouri
EMISSCO2VRFEIBMOA
Chain-Type Quantity Index for Real GDP: Manufacturing (31-33) in Missouri
MOMANQGSP
Administrative and Waste Services Wages and Salaries in Missouri
MOWADM
Gross Domestic Product: Textile Mills and Textile Product Mills (313-314) in Missouri
MOTEXTNGSP
Personal Consumption Expenditures: Nondurable Goods for Missouri
MOPCENDURG
Citation
U.S. Federal Reserve, Gross Domestic Product: Transportation and Utilities (22, 48-49) in Missouri (MOTRANSUTILNGSP), retrieved from FRED.