Gross Domestic Product: Accommodation and Food Services (72) in Delaware
Annual, Not Seasonally Adjusted
DEACCFDNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,602.00
Year-over-Year Change
121.13%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the value of net generation of electricity from domestic fossil fuels in the United States. This metric is closely watched by energy economists and policymakers to understand trends in domestic energy production.
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 series tracks the total net electricity generation from fossil fuels like coal, natural gas, and petroleum, without adjusting for seasonal variations. It provides insights into the reliance on domestic energy sources for electricity production in the U.S. over time.
Methodology
The data is collected and reported by the U.S. Energy Information Administration.
Historical Context
This metric is used to inform energy policy decisions and assess the state of domestic energy infrastructure.
Key Facts
- Fossil fuels account for over 60% of U.S. electricity generation.
- Net electricity generation from fossil fuels has declined by 10% since 2010.
- Natural gas has surpassed coal as the primary fossil fuel for electricity production.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total net electricity generation from domestic fossil fuel sources in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the reliance on domestic energy sources for electricity production, which is crucial for understanding energy policy and infrastructure needs.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used to inform energy policy decisions and assess the state of domestic energy infrastructure.
Q: Are there update delays or limitations?
A: The data is published annually, with some delay, and may not capture rapid changes in the energy market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (DEACCFDNGSP), retrieved from FRED.