Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Sweden
SWEPREND401IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.96
Year-over-Year Change
0.92%
Date Range
1/1/2000 - 3/1/2024
Summary
This economic trend measures production volume in the electricity, gas, steam, and air conditioning supply industry in Sweden. It provides valuable insights into the overall state of economic activity in the country.
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 Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Sweden series tracks the monthly production output of this key utility sector. It is an important indicator of industrial and commercial demand, reflecting broader economic conditions.
Methodology
The data is collected through surveys of businesses in the electricity, gas, steam, and air conditioning supply industry.
Historical Context
This trend is closely watched by policymakers and analysts to assess the health of the Swedish economy.
Key Facts
- Sweden is a major producer and exporter of electricity in Europe.
- The electricity, gas, and steam industry accounts for over 2% of Sweden's GDP.
- Production in this sector has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production volume in the electricity, gas, steam, and air conditioning supply industry in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the overall state of economic activity in Sweden, as the electricity, gas, and steam industry is a key driver of industrial and commercial demand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the electricity, gas, steam, and air conditioning supply industry.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers and analysts to assess the health of the Swedish economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Sweden (SWEPREND401IXOBSAM), retrieved from FRED.