Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Estonia
BCOBLV02EEM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-29.20
Year-over-Year Change
-2.67%
Date Range
4/1/1994 - 6/1/2025
Summary
The Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Estonia is an important economic indicator that measures the current level of construction orders and activity in the Estonian 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
This survey-based index tracks the opinions of construction sector businesses on the current state of their order books, providing insight into overall construction industry performance. It is a leading indicator used by economists and policymakers to assess the health of the Estonian construction and broader economy.
Methodology
The data is collected through a monthly survey of construction firms in Estonia.
Historical Context
This trend helps inform decisions around monetary, fiscal, and industry policies.
Key Facts
- Estonia is a major construction market in the Baltic region.
- The construction industry accounts for over 6% of Estonia's GDP.
- Order book levels are a leading indicator of future construction activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the current level of construction orders and activity in the Estonian economy based on a monthly survey of construction businesses.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator provides insight into the health of the Estonian construction sector and broader economy, helping inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of construction firms in Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess current and future construction activity, which informs decisions around monetary, fiscal, and industry policies.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delay, providing timely insights into the Estonian construction industry.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Estonia (BCOBLV02EEM460S), retrieved from FRED.