Chain-Type Quantity Index for Real GDP: Warehousing and Storage (493) in the Southeast BEA Region
SESTWARESTORQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.20
Year-over-Year Change
101.67%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Warehousing and Storage (493) in the Southeast BEA Region measures inflation-adjusted economic output for the warehousing and storage industry in the Southeast United States. This metric is a key indicator of supply chain activity and logistical capacity in the region.
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 quantitative measure of real production volume changes over time for the warehousing and storage sector in the Southeast region, one of the most economically active areas of the country. Economists and policymakers use this data to assess the health and trends of the regional logistics industry.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using chain-type quantity index methods.
Historical Context
This economic indicator is widely tracked by businesses, analysts, and government agencies to monitor the Southeast's transportation and distribution infrastructure.
Key Facts
- The Southeast region accounts for over 20% of U.S. GDP.
- Warehousing and storage is a $60 billion industry in the Southeast.
- This index has shown steady growth since the 2008 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures inflation-adjusted changes in real economic output for the warehousing and storage industry in the Southeast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health and performance of the Southeast's critical logistics infrastructure, which is a key driver of the region's overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using chain-type quantity index methods.
Q: How is this trend used in economic policy?
A: Policymakers and economists track this indicator to monitor the Southeast's transportation and distribution capacity, which informs decisions around infrastructure investment, supply chain management, and regional economic development.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.
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Per Capita Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for Southeast BEA Region
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Real Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in the Southeast BEA Region
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Real Gross Domestic Product: Accommodation and Food Services (72) in the Southeast BEA Region
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Warehousing and Storage (493) in the Southeast BEA Region (SESTWARESTORQGSP), retrieved from FRED.