Real Gross Domestic Product: Utilities (22) in Mississippi
Quarterly, Seasonally Adjusted Annual Rate
MSUTILRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,935.90
Year-over-Year Change
24.61%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (MSUTILRQGSP) measures the total output of the U.S. manufacturing, mining, and utilities sectors on an annualized basis, adjusting for seasonal factors.
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 economic indicator provides a comprehensive view of the overall production activity in the industrial sectors of the U.S. economy. It is a closely watched metric used by policymakers, analysts, and businesses to gauge the health and direction of the nation's industrial base.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using a survey of industrial production.
Historical Context
The industrial production index is a key input for economic forecasting and decision-making by the Federal Reserve and other institutions.
Key Facts
- Industrial production accounts for about 16% of U.S. GDP.
- Manufacturing makes up over 70% of the industrial production index.
- The index reached an all-time high in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (MSUTILRQGSP) measures the total output of the U.S. manufacturing, mining, and utilities sectors on an annualized basis, adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a comprehensive view of the overall health and direction of the U.S. industrial base, which is a key driver of economic growth. It is closely monitored by policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using a survey of industrial production.
Q: How is this trend used in economic policy?
A: The industrial production index is a key input for economic forecasting and decision-making by the Federal Reserve and other institutions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of around six weeks.
Related Trends
Gross Domestic Product: Transportation and Utilities (22, 48-49) in Mississippi
MSTRANSUTILNGSP
Employment Level for Mississippi
EMPLOYMS
Number of Identified Exporters to Austria from Mississippi
MSAUTA475SCEN
Chain-Type Quantity Index for Real GDP: Private Industries in Mississippi
MSPIQGSP
All Employees: Food Services and Drinking Places in Mississippi
SMU28000007072200001A
Chain-Type Quantity Index for Real GDP: Air Transportation (481) in Mississippi
MSAIRTRANQGSP
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (MSUTILRQGSP), retrieved from FRED.