Chain-Type Quantity Index for Real GDP: Utilities (22) in Connecticut
Quarterly, Seasonally Adjusted
CTUTILQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.61
Year-over-Year Change
15.64%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the capacity utilization rate for the U.S. utilities sector. This key economic indicator reflects the productivity and efficiency of the nation's power generation and distribution infrastructure.
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 capacity utilization rate tracks the percentage of potential output that is actually being produced by utilities. It serves as an important gauge of industry performance and can signal inflationary pressures or slack in the economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts monitor utilities capacity utilization to assess the overall health of the economy and guide decisions around energy policy and investment.
Key Facts
- Utilities account for around 10% of U.S. industrial production.
- Capacity utilization reached a low of 59.9% in April 2020 due to the COVID-19 pandemic.
- The long-term average for utilities capacity utilization is around 84%.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the capacity utilization rate for the U.S. utilities sector, reflecting the productivity and efficiency of the nation's power generation and distribution infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The utilities capacity utilization rate serves as an important gauge of industry performance and can signal inflationary pressures or slack in the broader economy, making it relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor utilities capacity utilization to assess the overall health of the economy and guide decisions around energy policy and investment.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a typical release lag of around 6-8 weeks.
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Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Connecticut
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (CTUTILQQGSP), retrieved from FRED.