Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Czech Republic
Quarterly
CZECP020000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.33
Year-over-Year Change
21.31%
Date Range
1/1/1995 - 7/1/2023
Summary
The Quarterly Capacity Utilization Index measures the percentage of total potential output being used by industrial firms in the United States. It is a key indicator of economic activity and industrial productivity.
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 Quarterly Capacity Utilization Index tracks the utilization rate of the nation's industrial production capacity. It provides insight into the efficiency and health of the manufacturing sector, signaling potential inflationary pressures or slack in the economy.
Methodology
The data is collected through surveys of industrial firms by the U.S. Federal Reserve.
Historical Context
Policymakers and economists use this index to assess the business cycle and make informed decisions about monetary and fiscal policies.
Key Facts
- The index ranges from 0 to 100, with 100 representing full capacity utilization.
- A high utilization rate (above 80%) can signal inflationary pressures in the economy.
- Low utilization (below 70%) indicates slack and underutilized industrial capacity.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Capacity Utilization Index measures the percentage of total potential industrial output that is being used by manufacturing, mining, and utility firms in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the overall health and efficiency of the industrial sector, signaling potential inflationary pressures or economic slack that can inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms conducted by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Quarterly Capacity Utilization Index to assess the business cycle and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Quarterly Capacity Utilization Index is released by the Federal Reserve on a quarterly basis, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly Capacity Utilization Index (CZECP020000IXNBQ), retrieved from FRED.