Real Gross Domestic Product: Utilities (22) in Utah
Quarterly, Seasonally Adjusted Annual Rate
UTUTILRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,147.90
Year-over-Year Change
-5.48%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (UTUTILRQGSP) measures the annualized quarter-over-quarter percent change in utility output, a key indicator of energy consumption and economic activity.
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 Quarterly, Seasonally Adjusted Annual Rate tracks the annualized rate of change in the production of utilities, including electricity, natural gas, and water. This metric is used by economists and policymakers to gauge overall economic conditions and energy demand.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of utility companies.
Historical Context
Utility output is closely tied to broader economic trends and is monitored by institutions and markets for insights into energy consumption and industrial production.
Key Facts
- Utility output accounts for about 8% of U.S. GDP.
- The utilities sector employs over 1 million workers nationwide.
- Utility production data is released quarterly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (UTUTILRQGSP) tracks the annualized percent change in utility output, including electricity, natural gas, and water production.
Q: Why is this trend relevant for users or analysts?
A: Utility output is a key indicator of energy consumption and broader economic activity, making this metric valuable for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on surveys of utility companies.
Q: How is this trend used in economic policy?
A: Utility output data is monitored by government agencies, central banks, and other institutions to assess energy demand, industrial production, and overall economic conditions.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted Annual Rate is released on a quarterly basis by the Federal Reserve, with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (UTUTILRQGSP), retrieved from FRED.