Focus on Electricity Production
This handout provides instructions on building the graph below and includes writing prompts for out-of-class assignments.
From the FRED Blog
The post “There’s electricity in the air! But it’s not for sale” discusses how electricity production growth outpaced electricity sales growth because a growing proportion of electricity consumers generate at least some of their own power.
Quiz Yourself on the Economics of Electricity
The FRED graph above shows the annual inflation rate for electricity prices (the blue bars) and for all consumption items less energy (the green bars).
Q1. In both 2021 and 2022, which inflation rate was higher?
Q2. Between 2013 and 2020, when did electricity prices decrease?
The FRED graph above shows the seasonal changes in electricity and gas production in the US between 1939 and 1960.
Q1. Between 1939 and 1960, during which quarter did electricity and gas production tend to peak?
Read this FRED Blog post to learn more about those data.
The FRED graph above shows the seasonal changes in electricity and gas production in the US between 1999 and 2023.
Q1. Between 1999 and 2023, during which quarters did electricity and gas production tend to peak?
Read this FRED Blog post to learn more about those data.
You can share these graphs with your students using this dashboard. To customize this dashboard, just click the “Save to My Account” button at the top of the dashboard.
