Production: Manufacturing: Consumer Goods: Total for Hungary
Quarterly, Not Seasonally Adjusted
PRMNCG01HUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.31
Year-over-Year Change
0.60%
Date Range
1/1/1999 - 7/1/2023
Summary
This series measures the quarterly production of natural gas in the United States on a not seasonally adjusted basis. It is a key indicator of the nation's energy production and supply.
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 Quarterly, Not Seasonally Adjusted series tracks the total volume of natural gas produced in the United States each quarter without adjustments for seasonal fluctuations. It provides an unmodified snapshot of the country's natural gas output over time.
Methodology
The data is collected and reported by the U.S. Energy Information Administration based on surveys of natural gas producers.
Historical Context
This metric is closely monitored by policymakers, market analysts, and industry participants to assess the health and trends of the U.S. energy sector.
Key Facts
- Natural gas is a key energy source for electricity generation, industrial uses, and residential heating.
- U.S. natural gas production has grown significantly in recent decades due to the expansion of hydraulic fracturing and horizontal drilling.
- Quarterly natural gas output is influenced by factors like weather, prices, and economic activity.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total volume of natural gas produced in the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Natural gas production is a critical indicator of the U.S. energy sector's health and an important input for policymakers, market analysts, and industry participants.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Energy Information Administration based on surveys of natural gas producers.
Q: How is this trend used in economic policy?
A: Quarterly natural gas production data is closely monitored to assess energy supply, market dynamics, and the broader economic environment.
Q: Are there update delays or limitations?
A: This series is published on a quarterly basis with a delay of several months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (PRMNCG01HUQ661N), retrieved from FRED.