Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Colombia
Growth rate previous period, Quarterly
COLCP040500GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.95
Year-over-Year Change
-178.53%
Date Range
4/1/2009 - 7/1/2023
Summary
The 'Growth rate previous period, Quarterly' metric tracks the quarterly change in the gross production index for the manufacturing, mining, and utilities sectors in the United States.
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
This economic indicator provides insight into the pace of industrial production and is widely used by economists and policymakers to assess the overall health of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
The growth rate of industrial production is a key input for monetary and fiscal policy decisions.
Key Facts
- Measures quarterly percent change in U.S. industrial output.
- Serves as a leading indicator of broader economic conditions.
- Influences the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' metric tracks the quarterly percent change in the industrial production index, which covers the manufacturing, mining, and utilities sectors in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the pace of industrial activity, which is a key driver of overall economic growth. It is closely monitored by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on a comprehensive survey of industrial production activities.
Q: How is this trend used in economic policy?
A: The growth rate of industrial production is a crucial input for the Federal Reserve's monetary policy decisions, as it reflects the overall health and momentum of the U.S. economy.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve, with a typical delay of around one month from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (COLCP040500GPQ), retrieved from FRED.