Real Sectoral Output for Utilities: Natural Gas Distribution (NAICS 2212) in the United States
IPUCN2212T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.19
Year-over-Year Change
46.35%
Date Range
1/1/1987 - 1/1/2024
Summary
The Real Sectoral Output for Utilities: Natural Gas Distribution (NAICS 2212) trend measures the real output of the natural gas distribution industry in the United States. This data is crucial for economists and policymakers to assess the health and productivity of the energy sector.
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 series represents the monthly real output of the natural gas distribution industry, which is a key component of the broader utilities sector. It provides valuable insights into the production and distribution capabilities of the natural gas infrastructure, informing analyses of energy supply, demand, and market dynamics.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industry participants.
Historical Context
This trend is widely used by economists, energy analysts, and policymakers to monitor the performance and capacity of the natural gas distribution system and its impact on the broader economy.
Key Facts
- Natural gas distribution is a critical component of the U.S. energy infrastructure.
- Real output in this industry has seen steady growth over the past decade.
- Fluctuations in natural gas distribution output can signal changes in energy demand and supply.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, or inflation-adjusted, output of the natural gas distribution industry in the United States, as classified under NAICS code 2212.
Q: Why is this trend relevant for users or analysts?
A: This data is important for assessing the health and productivity of the energy sector, as natural gas distribution is a crucial component of the U.S. utilities infrastructure. Monitoring this trend can provide insights into energy supply, demand, and market dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industry participants.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, energy analysts, and policymakers to monitor the performance and capacity of the natural gas distribution system and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of several weeks. There may be limitations in capturing the full scope of natural gas distribution activities, as the data is based on a sampling of industry participants.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Utilities: Natural Gas Distribution (NAICS 2212) in the United States (IPUCN2212T010000000), retrieved from FRED.