Real Sectoral Output for Mining: Coal Mining (NAICS 21211) in the United States
IPUBN21211T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.60
Year-over-Year Change
54.67%
Date Range
1/1/1988 - 1/1/2024
Summary
This trend measures the real output of the coal mining industry in the United States. It provides important insights into the productivity and economic health of a key domestic energy 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 Real Sectoral Output for Mining: Coal Mining (NAICS 21211) in the United States metric tracks the monthly production volume of the coal mining industry, adjusted for inflation. It serves as a valuable indicator of activity levels and efficiency within this critical natural resource sector.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of mining establishments.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and investors to assess the state of the U.S. coal mining industry and its broader economic implications.
Key Facts
- Coal is a major domestic energy source in the U.S.
- The coal mining industry employs over 50,000 workers.
- Coal exports have increased in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) output or production volume of the coal mining industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the productivity and economic health of the U.S. coal mining sector, which is a critical component of the domestic energy landscape.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of mining establishments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, industry analysts, and investors to assess the state of the U.S. coal mining industry and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Mining: Coal Mining (NAICS 21211) in the United States (IPUBN21211T011000000), retrieved from FRED.