Real Gross Domestic Product: Transportation and Warehousing (48-49) in the Southeast BEA Region
SESTTRANSWARERQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169,819.60
Year-over-Year Change
4.33%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the real gross domestic product (GDP) for the transportation and warehousing sector in the Southeast region of the United States. It provides valuable insights into the productivity and growth 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 Real Gross Domestic Product: Transportation and Warehousing (48-49) in the Southeast BEA Region represents the inflation-adjusted economic output of the transportation and warehousing industry within the Southeast region, as defined by the Bureau of Economic Analysis (BEA). This metric is widely used by economists and policymakers to assess the region's economic performance and competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounts methodologies.
Historical Context
This trend is closely monitored by transportation companies, logistics firms, and government agencies to inform investment decisions and economic policies.
Key Facts
- The Southeast region accounts for over 20% of the U.S. GDP.
- Transportation and warehousing contribute approximately 4% to the region's GDP.
- This trend has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) for the transportation and warehousing sector in the Southeast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the productivity and growth of the transportation and warehousing industry, which is a critical 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 accounts methodologies.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by transportation companies, logistics firms, and government agencies to inform investment decisions and economic policies.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the Bureau of Economic Analysis, with a typical release delay of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Real Gross Domestic Product: Transportation and Warehousing (48-49) in the Southeast BEA Region (SESTTRANSWARERQGSP), retrieved from FRED.