Chain-Type Quantity Index for Real GDP: Nondurable Goods Manufacturing (311-316, 322-326) in Wisconsin
Quarterly, Seasonally Adjusted
WINDURMANQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.44
Year-over-Year Change
3.13%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the wind generation capacity of utility-scale wind power plants in the United States. This metric is crucial for understanding the growth and composition of renewable energy sources in the U.S. power grid.
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 series tracks the total installed wind generation capacity, measured in megawatts, from utility-scale wind power plants across the country. This data is used by energy analysts, policymakers, and researchers to monitor the adoption and expansion of wind power as a renewable energy source.
Methodology
The data is collected and reported quarterly by the U.S. Energy Information Administration.
Historical Context
This metric provides important context for evaluating the progress of renewable energy policy goals and the evolving energy mix in the United States.
Key Facts
- Wind power accounts for over 9% of total U.S. electricity generation.
- The U.S. has over 120 gigawatts of installed wind power capacity.
- Texas leads the nation in wind power generation.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the total installed wind generation capacity, in megawatts, from utility-scale wind power plants in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the growth and composition of renewable energy sources in the U.S. power grid, which is important for energy analysts, policymakers, and researchers.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This metric provides important context for evaluating the progress of renewable energy policy goals and the evolving energy mix in the United States.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay of several months before the most recent information is available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (WINDURMANQQGSP), retrieved from FRED.