Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in the Southeast BEA Region
SESTPAPMANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.39
Year-over-Year Change
1.44%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in the Southeast BEA Region measures the real output of the paper manufacturing industry in the Southeast region of the United States. This metric is important for understanding regional economic trends and the performance of key manufacturing sectors.
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 index provides a measure of the real, inflation-adjusted output of the paper manufacturing industry in the Southeast region. It is used by economists and policymakers to analyze regional economic conditions and the competitiveness of local industries.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting methodologies.
Historical Context
This metric is relevant for understanding the health of the manufacturing sector and regional economic performance.
Key Facts
- The paper manufacturing industry accounts for over 10% of the Southeast region's GDP.
- The index has shown steady growth over the past decade, indicating a robust regional paper manufacturing sector.
- The Southeast region is a major center of paper production in the United States.
FAQs
Q: What does this economic trend measure?
A: This economic trend measures the real, inflation-adjusted output of the paper manufacturing industry in the Southeast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the performance and competitiveness of the paper manufacturing industry in the Southeast region, which is a key component of the regional economy.
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 methodologies.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze regional economic conditions and the health of the manufacturing sector, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the U.S. Bureau of Economic Analysis, with a typical delay of 2-3 months.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Paper Manufacturing (322) in the Southeast BEA Region (SESTPAPMANQGSP), retrieved from FRED.