Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Germany
BCCICP02DEM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-13.80
Year-over-Year Change
-21.14%
Date Range
1/1/1985 - 6/1/2025
Summary
The Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Germany measures the overall sentiment and outlook of the German construction industry. It is a key economic indicator used to assess the health and performance of this vital sector.
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 survey-based index reflects the confidence and expectations of German construction businesses. It provides insight into factors like order volumes, employment, and investment plans, offering a timely gauge of current and future construction activity.
Methodology
The data is collected through monthly surveys of construction firms across Germany.
Historical Context
The construction industry index is closely monitored by policymakers, analysts, and investors to understand broader economic trends and guide decision-making.
Key Facts
- Germany is the largest construction market in Europe.
- The construction industry accounts for over 5% of Germany's GDP.
- Business confidence in construction leads broader economic trends.
FAQs
Q: What does this economic trend measure?
A: This index measures the overall confidence and sentiment of German construction businesses, reflecting factors like order volumes, employment, and investment plans.
Q: Why is this trend relevant for users or analysts?
A: The construction industry index is a leading indicator of broader economic activity, making it highly relevant for policymakers, analysts, and investors seeking to understand current and future trends.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of construction firms across Germany.
Q: How is this trend used in economic policy?
A: The construction industry index is closely monitored by policymakers to gauge the health of this vital sector and make informed decisions regarding economic policy.
Q: Are there update delays or limitations?
A: The data is published monthly, providing timely insights, but may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Germany (BCCICP02DEM460S), retrieved from FRED.