Production: Manufacturing: Intermediate Goods: Total for Spain
Monthly, Not Seasonally Adjusted
ESPPRMNIG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.20
Year-over-Year Change
-2.36%
Date Range
1/1/1965 - 12/1/2018
Summary
This economic trend measures the monthly electricity price index for the industrial sector in the United States, providing insights into electricity price dynamics for industrial consumers.
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 Electricity Price Index for the Industrial Sector (ESPPRMNIG01IXOBM) tracks the monthly changes in electricity prices paid by industrial consumers in the U.S. This data point is useful for analyzing the cost pressures and price trends facing the industrial sector.
Methodology
The data is collected by the U.S. Energy Information Administration through surveys of electricity providers.
Historical Context
The industrial electricity price index is an important indicator for policymakers and businesses monitoring energy costs and their impact on the broader economy.
Key Facts
- The index is measured with a base year of 2015 = 100.
- Electricity accounts for a significant portion of total energy costs for many industrial firms.
- Tracking this index helps businesses and policymakers assess the impact of energy prices on industrial competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly changes in the price index for electricity purchased by industrial consumers in the United States.
Q: Why is this trend relevant for users or analysts?
A: The industrial electricity price index is an important indicator for monitoring energy cost pressures and price trends facing the industrial sector, which can impact business operations and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through surveys of electricity providers.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this index to analyze the impact of electricity prices on the industrial sector and the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical 1-2 month delay in the release of the latest figures.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Spain
ESPCPHP0400IXOBM
Harmonized Index of Consumer Prices: Housing, Water, Electricity, Gas and Other Fuels for Spain
CP0400ESM086NEST
Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Future Tendency for Spain
BVDEFT02ESM460S
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Spain
ESPSARTMISMEI
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Spain
PRINTO01ESQ661N
Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Spain
PIEATI02ESA661N
Citation
U.S. Energy Information Administration, Electricity Price Index for the Industrial Sector (ESPPRMNIG01IXOBM), retrieved from FRED.