Production: Manufacturing: Intermediate Goods: Total for Austria
AUTPRMNIG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.50
Year-over-Year Change
-3.26%
Date Range
1/1/1960 - 9/1/2023
Summary
This economic trend measures the total production of intermediate goods in the Austrian manufacturing sector. It serves as an important indicator of industrial activity and supply chain dynamics.
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: Manufacturing: Intermediate Goods: Total for Austria tracks the output of semi-finished products used as inputs for further processing or assembly. This metric provides insight into the health and capacity of the country's manufacturing base.
Methodology
The data is collected through surveys of Austrian industrial producers.
Historical Context
Policymakers and analysts use this trend to assess the strength of the Austrian economy and its integration into global supply chains.
Key Facts
- Austria is a major industrial exporter in Europe.
- Intermediate goods account for over 60% of Austrian manufacturing output.
- Production of intermediate goods fell sharply during the 2020 pandemic but has since recovered.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total production of intermediate goods in the Austrian manufacturing sector, which includes semi-finished products used as inputs for further processing or assembly.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and capacity of Austria's manufacturing base, as well as its integration into global supply chains.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Austrian industrial producers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of the Austrian economy and monitor the performance of its manufacturing sector.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical lag of 2-3 months.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Intermediate Goods: Total for Austria (AUTPRMNIG01IXOBM), retrieved from FRED.