Production: Manufacturing: Total Manufacturing for Austria
AUTPRMNTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.32
Year-over-Year Change
-206.70%
Date Range
1/1/1957 - 4/1/2025
Summary
The 'Production: Manufacturing: Total Manufacturing for Austria' economic trend measures the total output of the manufacturing sector in Austria. This indicator is closely watched by economists and policymakers as a barometer of the broader health of the Austrian economy.
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 data series represents the total volume of manufacturing production in Austria, a key component of the country's industrial output. Economists analyze this metric to gauge the momentum and competitiveness of the Austrian manufacturing base, which includes industries like automotive, electronics, machinery, and chemicals.
Methodology
The data is collected through monthly surveys of manufacturing firms by the Austrian statistical agency.
Historical Context
Policymakers and analysts monitor this indicator to inform decisions around fiscal, monetary, and trade policies that impact the Austrian industrial sector.
Key Facts
- Austria is a major European manufacturing hub.
- Manufacturing accounts for over 20% of Austria's GDP.
- The sector employs nearly 1 million Austrian workers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of manufacturing production in Austria, providing a broad indicator of activity in the country's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing production index is a key metric for assessing the health and competitiveness of Austria's industrial base, which is a major driver of the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms conducted by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to inform decisions around fiscal, monetary, and trade policies that impact the Austrian industrial sector.
Q: Are there update delays or limitations?
A: The manufacturing production data is released on a monthly basis, but may be subject to revisions in subsequent releases.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Austria (AUTPRMNTO01GYSAM), retrieved from FRED.