Chain-Type Quantity Index for Real GDP: Utilities (22) in Wisconsin
WIUTILQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.90
Year-over-Year Change
8.80%
Date Range
1/1/2005 - 1/1/2025
Summary
The Chain-Type Quantity Index for Real GDP: Utilities (22) in Wisconsin tracks the real economic output of the utilities sector in Wisconsin, providing insights into the state's economic 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
This index measures the real gross domestic product (GDP) of the utilities industry in Wisconsin, adjusted for inflation. It serves as an important indicator of economic activity and productivity within this key sector of the state's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) using a chain-type quantity index methodology.
Historical Context
Economists and policymakers use this trend to assess the health and growth of Wisconsin's utilities industry and its broader economic implications.
Key Facts
- The index is measured on a scale where 2012 = 100.
- Utilities account for approximately 2% of Wisconsin's total GDP.
- The index 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) of the utilities industry in the state of Wisconsin, adjusting for inflation.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the performance and productivity of a key sector of Wisconsin's economy, which is important for understanding the state's overall economic health and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) using a chain-type quantity index methodology.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the utilities industry's contribution to Wisconsin's economic output and to inform decisions related to energy, infrastructure, and economic development policies.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis, with a delay of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Utilities (22) in Wisconsin (WIUTILQQGSP), retrieved from FRED.