Gross Domestic Product: Utilities (22) in Missouri
MOUTILNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,406.50
Year-over-Year Change
29.62%
Date Range
1/1/1997 - 1/1/2024
Summary
The Gross Domestic Product: Utilities (22) in Missouri measures the economic output of the utilities sector in the state. This metric is important for economists and policymakers to understand the health and productivity of this critical industry.
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: Utilities (22) in Missouri represents the total economic value added by the utilities sector, which includes electric power, natural gas, water, and sewer infrastructure. This data helps analyze the relative strength and contribution of the utilities industry to the overall state economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level GDP estimates.
Historical Context
Utilities GDP data informs policy decisions related to energy, infrastructure, and economic development.
Key Facts
- Missouri's utilities GDP was $7.7 billion in 2021.
- Utilities account for 2.3% of Missouri's total GDP.
- Utilities GDP in Missouri has grown 8.3% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product: Utilities (22) in Missouri measures the total economic output and value added by the utilities sector in the state, including electric power, natural gas, water, and sewer infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding the role and performance of the utilities industry in Missouri's overall economy, which is crucial for economic analysis, policy decisions, and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level GDP estimates.
Q: How is this trend used in economic policy?
A: Utilities GDP data informs policy decisions related to energy, infrastructure, and economic development in Missouri, as it provides insights into the productivity and contribution of this critical industry.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reference period. There may also be revisions to historical data as more information becomes available.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Utilities (22) in Missouri (MOUTILNGSP), retrieved from FRED.