Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Estonia
ESTPREND401IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.82
Year-over-Year Change
-4.44%
Date Range
1/1/2000 - 3/1/2024
Summary
This economic trend measures production volume in the electricity, gas, steam, and air conditioning supply industry in Estonia. It provides valuable insights into the health and activity of this important sector.
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 Estonia series tracks the output levels of companies operating in Estonia's utilities and energy infrastructure industries. This metric is a key indicator of industrial activity and economic growth.
Methodology
The data is collected through surveys of companies in the relevant sectors.
Historical Context
Economists and policymakers use this trend to assess the performance and outlook for Estonia's energy and utilities industries.
Key Facts
- Estonia's utilities sector accounts for over 3% of GDP.
- Production volume has grown by 10% in the past 5 years.
- The trend data is released monthly by the Estonian Statistical Office.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of companies in Estonia's electricity, gas, steam, and air conditioning supply industries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and activity of Estonia's utilities and energy infrastructure sectors, which are crucial for the country's economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of companies operating in the relevant industries.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the performance and outlook for Estonia's energy and utilities sectors, which have important implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Estonian Statistical Office, with a typical lag of 4-6 weeks.
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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 Estonia (ESTPREND401IXOBM), retrieved from FRED.