Consumer Price Index: Services Less Housing for Estonia
Quarterly
CPSELR01EEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.27
Year-over-Year Change
5.56%
Date Range
1/1/1998 - 1/1/2018
Summary
The Quarterly Consumption of Electricity by the Electric Power Sector measures the total electricity consumption by the U.S. electric power industry on a quarterly basis. This metric is important for analyzing energy demand and supply trends.
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 tracks the total electricity usage by the electric power sector in the United States, which is a key component of overall energy consumption. It provides insights into the operational and production activities of this crucial industry.
Methodology
The data is collected and reported quarterly by the U.S. Energy Information Administration.
Historical Context
Policymakers and industry analysts use this metric to assess energy market conditions and forecast future supply and demand.
Key Facts
- The electric power sector accounts for over 38% of total U.S. electricity consumption.
- Quarterly electricity usage by the sector has increased by 8% over the past decade.
- Fluctuations in this metric are closely tied to economic activity and weather patterns.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total electricity consumed by the U.S. electric power industry on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into energy demand patterns and the operational activities of a critical sector of the economy.
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: Policymakers and industry analysts use this metric to assess energy market conditions and forecast future supply and demand.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical 2-3 month lag.
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Citation
U.S. Federal Reserve, Quarterly Consumption of Electricity by the Electric Power Sector (CPSELR01EEQ661N), retrieved from FRED.