Production: Manufacturing: Investment Goods: Total for Austria
AUTPRMNVG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.09
Year-over-Year Change
-5.54%
Date Range
1/1/1960 - 9/1/2023
Summary
This economic indicator measures the production of investment goods within the manufacturing sector in Austria. It is a key metric for assessing the investment and capital spending environment in 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
The Production: Manufacturing: Investment Goods: Total for Austria series tracks the volume of production for investment goods produced by the Austrian manufacturing sector. This helps provide insight into the level of capital investment and industrial activity occurring in the country.
Methodology
The data is collected through surveys of manufacturing firms and production facilities in Austria.
Historical Context
This metric is closely watched by policymakers, analysts, and businesses to gauge the investment climate and economic growth potential in Austria.
Key Facts
- Austria is a major industrial economy in Europe.
- Manufacturing accounts for over 20% of Austria's GDP.
- Investment goods production is a leading indicator of business investment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the production volume of investment goods within the Austrian manufacturing sector, providing insight into capital spending and industrial activity.
Q: Why is this trend relevant for users or analysts?
A: The investment goods production metric is a valuable leading indicator of business investment and economic growth potential in Austria.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms and production facilities across Austria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to gauge the investment climate and growth prospects for the Austrian economy.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Investment Goods: Total for Austria (AUTPRMNVG01IXOBSAM), retrieved from FRED.