Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Wisconsin

WITRANSWAREQQGSP • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

98.20

Year-over-Year Change

-4.99%

Date Range

1/1/2005 - 1/1/2025

Summary

The Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Wisconsin measures the volume of economic activity in the transportation and warehousing sector of Wisconsin's economy. This trend is an important indicator of the state's logistics and supply chain performance.

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 tracks inflation-adjusted changes in the output of the transportation and warehousing industries in Wisconsin over time. Economists and policymakers use this data to assess the health and competitiveness of the state's logistics infrastructure and supply chain network.

Methodology

This index is calculated by the U.S. Bureau of Economic Analysis based on detailed industry data.

Historical Context

Trends in Wisconsin's transportation and warehousing sector are closely watched for their implications on the state's economic development and competitiveness.

Key Facts

  • Wisconsin's transportation and warehousing sector accounts for over 4% of the state's real GDP.
  • This index has increased by 10% over the past decade, indicating growing economic activity.
  • The transportation and warehousing industries employ over 160,000 workers in Wisconsin.

FAQs

Q: What does this economic trend measure?

A: This trend measures the volume of economic activity in the transportation and warehousing industries in Wisconsin. It tracks inflation-adjusted changes in output over time.

Q: Why is this trend relevant for users or analysts?

A: This trend is an important indicator of the health and competitiveness of Wisconsin's logistics infrastructure and supply chain network, which are crucial for the state's economic development.

Q: How is this data collected or calculated?

A: This index is calculated by the U.S. Bureau of Economic Analysis based on detailed industry data.

Q: How is this trend used in economic policy?

A: Trends in Wisconsin's transportation and warehousing sector are closely watched by economists and policymakers for their implications on the state's economic development and competitiveness.

Q: Are there update delays or limitations?

A: This data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Transportation and Warehousing (48-49) in Wisconsin (WITRANSWAREQQGSP), retrieved from FRED.