Consumer Price Index for Cote d'Ivoire
Index 2010=100, Annual, Not Seasonally Adjusted
DDOE02CIA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.45
Year-over-Year Change
27.63%
Date Range
1/1/1960 - 1/1/2017
Summary
The 'Index 2010=100, Annual, Not Seasonally Adjusted' trend measures the annual production of crude oil in the United States. This key indicator provides insights into domestic energy supply and is closely tracked by policymakers and market analysts.
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 series tracks the annual production volume of crude oil in the United States, with 2010 as the base year. The index allows for analysis of long-term trends and shifts in domestic oil output, which is a critical component of the country's energy landscape and economic performance.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on surveys of oil producers and refiners.
Historical Context
Crude oil production levels are closely monitored by policymakers, industry analysts, and investors to assess energy security, price dynamics, and the broader health of the U.S. economy.
Key Facts
- The U.S. is one of the world's largest producers of crude oil.
- Domestic oil output has fluctuated significantly over the past decades.
- Changes in crude production impact gasoline prices and other energy costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual production volume of crude oil in the United States, providing insights into domestic energy supply.
Q: Why is this trend relevant for users or analysts?
A: Crude oil production is a critical component of the U.S. energy landscape and economy, making this trend highly relevant for policymakers, industry analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on surveys of oil producers and refiners.
Q: How is this trend used in economic policy?
A: Crude oil production levels are closely monitored by policymakers to assess energy security, price dynamics, and the broader health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published annually, with some potential for delays in reporting by producers and refiners.
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Citation
U.S. Federal Reserve, Index 2010=100, Annual, Not Seasonally Adjusted (DDOE02CIA086NWDB), retrieved from FRED.