Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Czechia
CZEPREND401IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.66
Year-over-Year Change
-4.95%
Date Range
1/1/1995 - 3/1/2024
Summary
This economic trend measures the production volume in the electricity, gas, steam, and air conditioning supply industry in Czechia. It is an important indicator of economic activity and energy demand.
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 Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Czechia metric tracks the overall output of this key utility sector. It provides insight into the health and performance of a core infrastructure industry.
Methodology
The data is collected through statistical surveys of businesses in the sector.
Historical Context
This trend is used by policymakers, analysts, and businesses to assess energy market conditions and broader economic trends.
Key Facts
- Czechia is a major producer and consumer of electricity in Europe.
- The electricity, gas, and utility sector accounts for over 3% of Czech GDP.
- Production volumes in this industry are closely watched for signs of economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the production volume of the electricity, gas, steam, and air conditioning supply industry in Czechia. It is an indicator of output and activity in this key utility sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the state of energy infrastructure and broader economic conditions in Czechia. It is closely monitored by policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through statistical surveys of businesses in the electricity, gas, and utility supply industry in Czechia.
Q: How is this trend used in economic policy?
A: This metric is used by government agencies, central banks, and analysts to assess energy market dynamics and overall economic performance in Czechia.
Q: Are there update delays or limitations?
A: There may be some time lag in reporting this data due to the survey-based collection methodology, but it is generally released on a timely basis.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Czechia (CZEPREND401IXOBSAM), retrieved from FRED.