Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Finland
Cubic Meters, Monthly, Not Seasonally Adjusted
FINODCNPI03STM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
594,296.00
Year-over-Year Change
-27.68%
Date Range
1/1/1960 - 10/1/2023
Summary
This economic trend measures monthly cubic meters of natural gas delivered to the industrial sector in the United States. It provides insights into industrial energy consumption and production activities.
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 Cubic Meters, Monthly, Not Seasonally Adjusted trend tracks the volume of natural gas supplied to the U.S. industrial sector on a monthly basis. This metric is used by economists and policymakers to monitor industrial energy use and assess broader economic conditions.
Methodology
The data is collected through surveys of natural gas providers and distributors.
Historical Context
This trend is an important indicator of industrial production and energy demand.
Key Facts
- Natural gas is a major energy source for U.S. industry.
- Industrial sector accounts for over 30% of total U.S. natural gas consumption.
- Trend data can signal changes in manufacturing output and capital investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly volume of natural gas delivered to the U.S. industrial sector, providing insights into industrial energy consumption and production activities.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as an indicator of industrial production, energy demand, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of natural gas providers and distributors.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to monitor industrial energy use and assess the state of the manufacturing sector and broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Cubic Meters, Monthly, Not Seasonally Adjusted (FINODCNPI03STM), retrieved from FRED.