Nominal External Balance of Goods and Services for Argentina
Quarterly, Seasonally Adjusted
NNXGSSAXDCARQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,969,151.60
Year-over-Year Change
-709.76%
Date Range
1/1/2004 - 1/1/2025
Summary
This economic indicator measures quarterly, seasonally adjusted capacity utilization in the manufacturing, mining, and electric and gas utilities industries. It is a key metric for understanding the level of industrial activity and efficiency.
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
Capacity utilization tracks the percentage of total potential output that is being realized by businesses. It provides insight into the overall health of the industrial sector and helps economists and policymakers assess inflationary pressures and production capacity.
Methodology
The Federal Reserve collects this data through surveys of industrial facilities.
Historical Context
Capacity utilization data informs Federal Reserve policy decisions and is closely watched by analysts and investors.
Key Facts
- Capacity utilization averages around 80% historically.
- High capacity utilization can signal inflationary pressures.
- Low utilization indicates slack in the industrial sector.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of total potential output that is being realized by manufacturing, mining, and utilities industries.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization provides important insights into the overall health of the industrial sector and helps assess inflationary pressures and production capacity.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: Capacity utilization data is closely watched by the Federal Reserve and informs their policy decisions.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a short delay.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (NNXGSSAXDCARQ), retrieved from FRED.