Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Russia
BCCICP02RUQ460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-12.00
Year-over-Year Change
-36.84%
Date Range
1/1/1998 - 10/1/2021
Summary
The Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Russia measures the overall confidence and activity levels in the Russian 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 survey-based indicator provides insights into the current state and future expectations of the Russian construction sector, a key component of the country's economic performance.
Methodology
The data is collected through monthly surveys of construction firms in Russia.
Historical Context
Policymakers and analysts use this metric to gauge the health and trajectory of the Russian construction industry.
Key Facts
- The index ranges from 0 to 100, with 50 indicating neutral sentiment.
- Russia's construction sector accounts for around 6% of GDP.
- This metric is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This survey-based indicator measures the overall confidence and activity levels in the Russian construction industry.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and trajectory of a key sector of the Russian economy, which is useful for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of construction firms in Russia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to gauge the performance and outlook of the Russian construction industry, which informs economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant delays, providing timely insights into the Russian construction sector.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Russia
RUSCPGRHO02GYM
Balance of Payments: Other Investment: Assets (or Net Acquisition of Assets) for Russia
RUSB6FAOI02CXCUQ
Producer Prices Index: Type of Goods: Consumer Goods: Total for Russia
RUSPITGCG01GPM
Nominal Households Final Consumption Expenditure for Russia
NCPHINSAXDCRUQ
Consumer Price Index: Recreation and Culture (COICOP 09): Total for Russia
RUSCP090000IXNBM
Value of Exports to Russia from Indiana
INRUSA052SCEN
Citation
U.S. Federal Reserve, Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Russia (BCCICP02RUQ460S), retrieved from FRED.