Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Switzerland
BCCICP02CHM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.71
Year-over-Year Change
41.51%
Date Range
10/1/1994 - 6/1/2025
Summary
The Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Switzerland measures sentiment and expectations among construction firms, providing insight into the health of the Swiss construction industry.
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 index tracks the overall business confidence of construction firms in Switzerland, aggregating their views on current economic activity and future expectations. It is a leading indicator used by policymakers and analysts to anticipate trends in the construction sector.
Methodology
The data is collected through surveys of construction companies in Switzerland.
Historical Context
The construction industry is a key driver of economic growth, so this index offers valuable signals for Swiss economic policy.
Key Facts
- The index ranges from 0 to 100, with 100 indicating the most positive outlook.
- It is released monthly by the Swiss State Secretariat for Economic Affairs (SECO).
- Construction is a key industry, accounting for over 5% of Switzerland's GDP.
FAQs
Q: What does this economic trend measure?
A: This index measures the overall business confidence and sentiment of construction firms in Switzerland, capturing their views on current economic activity and future expectations.
Q: Why is this trend relevant for users or analysts?
A: The construction industry is a critical driver of economic growth, so this index provides valuable signals about the health of the Swiss economy and helps policymakers and analysts anticipate future trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction companies in Switzerland.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this index to gauge the state of the Swiss construction sector and its implications for the broader economy, informing policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly by the Swiss State Secretariat for Economic Affairs (SECO), with minimal delays in publication.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Switzerland (BCCICP02CHM460S), retrieved from FRED.