Industrial Carbon Dioxide Emissions, Residual Fuel for Indiana
EMISSCO2VRFICBINA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,568.83
Year-over-Year Change
-89.82%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures industrial carbon dioxide emissions from residual fuel use in Indiana. It is a key indicator of energy use and environmental impact in the state's manufacturing and production sectors.
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 Industrial Carbon Dioxide Emissions, Residual Fuel for Indiana metric tracks carbon dioxide output associated with the consumption of residual fuel oil by industrial facilities located in Indiana. This data provides insight into the energy profile and environmental footprint of the state's industrial activities.
Methodology
The data is calculated based on residual fuel oil consumption statistics reported by industrial establishments in Indiana.
Historical Context
This trend is used by policymakers, industry analysts, and environmental groups to monitor industrial emissions and support energy and emissions reduction strategies.
Key Facts
- Indiana is a major industrial state, ranking 5th nationally in manufacturing GDP.
- Residual fuel oil accounts for over 10% of Indiana's industrial energy consumption.
- Carbon dioxide emissions from industrial residual fuel use have declined by 25% in Indiana since 2005.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions associated with the consumption of residual fuel oil by industrial facilities located in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the energy use and environmental impact of Indiana's manufacturing and industrial sectors, which are critical to understanding the state's overall economic and emissions profile.
Q: How is this data collected or calculated?
A: The data is calculated based on reported residual fuel oil consumption statistics from industrial establishments in Indiana.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and environmental groups use this trend to monitor industrial emissions and support energy and emissions reduction strategies in Indiana.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and publication, with the most recent figures typically available within 6-12 months.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Residual Fuel for Indiana (EMISSCO2VRFICBINA), retrieved from FRED.