Business Tendency Surveys: Employment: Economic Activity: Construction: Future Tendency for Austria
BCEMFT02ATM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-12.50
Year-over-Year Change
150.00%
Date Range
1/1/1996 - 6/1/2025
Summary
This economic trend measures the future employment tendency in the construction sector in Austria, providing insight into expected business activity in the 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
The Business Tendency Surveys: Employment: Economic Activity: Construction: Future Tendency for Austria tracks expectations for future employment levels in the Austrian construction sector. This forward-looking indicator is used by economists and policymakers to anticipate changes in construction industry activity and labor demand.
Methodology
The data is collected through business surveys conducted by the Austrian Institute of Economic Research (WIFO).
Historical Context
This trend is relevant for assessing the health of the Austrian construction industry and informing economic and labor market policies.
Key Facts
- Austria is a major construction market in Europe.
- Construction is a key driver of the Austrian economy.
- Positive employment outlook signals potential growth in construction activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the future employment tendency in the construction sector in Austria, providing insight into expected business activity in the construction industry.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking indicator is used by economists and policymakers to anticipate changes in construction industry activity and labor demand, informing economic and labor market policies.
Q: How is this data collected or calculated?
A: The data is collected through business surveys conducted by the Austrian Institute of Economic Research (WIFO).
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing the health of the Austrian construction industry and informing economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and coverage of the underlying business surveys.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Employment: Economic Activity: Construction: Future Tendency for Austria (BCEMFT02ATM460S), retrieved from FRED.