Imports of Goods: Nonmonetary gold
Annual, Not Seasonally Adjusted
IEAMGGA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,216.00
Year-over-Year Change
98.90%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the annual growth rate of industrial electricity consumption, providing insight into the overall health and activity of the U.S. industrial 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
This metric tracks changes in total electricity usage by industrial producers, offering a broad indicator of industrial production and economic activity. It is a key data point used by economists and policymakers to assess the strength of the manufacturing and industrial components of the U.S. economy.
Methodology
The data is collected and reported by the U.S. Energy Information Administration.
Historical Context
Trends in industrial electricity consumption are closely watched by analysts as a real-time signal of the industrial economy's performance.
Key Facts
- Annual industrial electricity usage accounts for over a third of total U.S. electricity demand.
- The metric reached a multi-year high in 2021 as the economy rebounded from the COVID-19 pandemic.
- Rapid changes in industrial electricity consumption can signal shifts in manufacturing activity and capital investment.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' metric tracks changes in total electricity usage by industrial producers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data point provides a real-time indicator of the health and activity levels of the U.S. industrial sector, which is closely watched by economists and policymakers.
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: Trends in industrial electricity consumption are closely monitored by analysts and institutions as a signal of the manufacturing and industrial components of the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 2-month lag between the reporting period and public release.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (IEAMGGA), retrieved from FRED.