Chain-Type Quantity Index for Real GDP: Utilities (22) in the Southeast BEA Region
SESTUTILQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.75
Year-over-Year Change
10.57%
Date Range
1/1/1997 - 1/1/2024
Summary
The Chain-Type Quantity Index for Real GDP: Utilities (22) in the Southeast BEA Region measures the output of the utilities sector in the Southeastern United States. This metric provides insight into the economic activity and productivity of a key infrastructure 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 Chain-Type Quantity Index measures the real, inflation-adjusted output of the utilities sector, which includes electric power, natural gas, and water supply companies. This data is a valuable indicator of regional economic conditions and can inform policy decisions and business strategies.
Methodology
The index is calculated by the U.S. Bureau of Economic Analysis based on survey data and economic modeling.
Historical Context
Policymakers and analysts use this metric to assess the health and trends of the regional utilities industry and its impact on the broader economy.
Key Facts
- The index is based on 2012 as the reference year.
- Utilities account for about 2% of total GDP in the Southeast region.
- The index has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Chain-Type Quantity Index for Real GDP: Utilities (22) in the Southeast BEA Region measures the real, inflation-adjusted output of the utilities sector in the Southeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the economic activity and productivity of the utilities industry, which is a key infrastructure sector. It can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Economic Analysis based on survey data and economic modeling.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health and trends of the regional utilities industry and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may be subject to revision and updates.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Utilities (22) in the Southeast BEA Region (SESTUTILQGSP), retrieved from FRED.