Real Gross Domestic Product: Transportation and Warehousing (48-49) in Nebraska
NETRANSWARERQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,439.60
Year-over-Year Change
-5.66%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the real (inflation-adjusted) gross domestic product (GDP) of the transportation and warehousing sector in Nebraska. It is an important indicator of economic activity and productivity in this key 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 real GDP for transportation and warehousing in Nebraska provides insight into the scale and growth of this sector, which includes industries like air, rail, water, and truck transportation as well as warehousing and storage. Economists and policymakers use this data to assess the state's economic performance and development.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting methods.
Historical Context
This trend helps inform policy decisions and business strategies related to infrastructure, logistics, and economic diversification in Nebraska.
Key Facts
- Nebraska's transportation and warehousing GDP was $7.2 billion in 2021.
- This sector accounts for over 6% of Nebraska's total economic output.
- Real GDP in this industry has grown by 15% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted gross domestic product (GDP) of the transportation and warehousing sector in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the scale, growth, and productivity of a key industry in Nebraska's economy, informing business strategies and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting methods.
Q: How is this trend used in economic policy?
A: This trend helps inform policy decisions and business strategies related to infrastructure, logistics, and economic diversification in Nebraska.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so there may be delays in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Transportation and Warehousing (48-49) in Nebraska (NETRANSWARERQGSP), retrieved from FRED.