Tonnage of Vessels Launched for Great Britain and Ireland
Q0299CGBQ561NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.60
Year-over-Year Change
-18.10%
Date Range
1/1/1888 - 4/1/1939
Summary
The 'Tonnage of Vessels Launched for Great Britain and Ireland' trend measures the total gross tonnage of ships and boats launched annually in the United Kingdom. This metric provides insight into the nation's shipbuilding industry and maritime economic activity.
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 tracks the total gross tonnage of vessels constructed and launched within Great Britain and Ireland. It serves as a proxy for the size and output of the region's shipbuilding sector, which has historically been an important part of the maritime economy.
Methodology
The data is collected and reported annually by the U.S. Federal Reserve.
Historical Context
Policymakers and industry analysts monitor this trend to gauge the health and competitiveness of the UK's shipbuilding industry.
Key Facts
- The UK is one of the world's leading shipbuilding nations.
- Vessel tonnage launched peaked in the early 20th century.
- Shipbuilding is a key industry supporting the UK's maritime economy.
FAQs
Q: What does this economic trend measure?
A: The 'Tonnage of Vessels Launched for Great Britain and Ireland' metric tracks the total gross tonnage of ships and boats constructed and launched within the United Kingdom annually.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the size and output of the UK's shipbuilding industry, which is an important component of the nation's maritime economy.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to gauge the health and competitiveness of the UK's shipbuilding sector.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a delay in the most recent figures.
Related Trends
Increases in Number of Dwelling Houses for England, Wales, Scotland, Great Britain
A02075GB38000A569NNBR
Gross Private Domestic Investment in New Construction, Residential Nonfarm for United States
Q02170USQ242NNBR
Length of Pavements Laid for Chicago, IL
A0294BUS16980A374NNBR
Contracts for Commercial and Industrial Buildings, Value for United States
M02166USM399NNBR
Increases in Railroad Mileage for Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania
A0283BUSA374NNBR
Asphalt Production for United States
M0230AUSM535NNBR
Citation
U.S. Federal Reserve, Tonnage of Vessels Launched for Great Britain and Ireland (Q0299CGBQ561NNBR), retrieved from FRED.