Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Russia

BCOBLV02RUQ460S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-31.00

Year-over-Year Change

-24.39%

Date Range

1/1/1998 - 10/1/2021

Summary

The Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Russia measure the current state of economic activity in the Russian construction sector based on order book volumes.

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 business conditions in the Russian construction industry. It is an important barometer for assessing the overall health of the construction sector and broader economic trends.

Methodology

The data is collected through business surveys conducted by the Federal State Statistics Service of Russia.

Historical Context

Policymakers and analysts use this indicator to understand the near-term outlook for the Russian construction industry and broader economy.

Key Facts

  • The survey has been conducted monthly since 1993.
  • The indicator ranges from -100 to 100, with positive values signaling expansion.
  • Construction is a key sector in the Russian economy, accounting for over 6% of GDP.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the current state of economic activity in the Russian construction sector based on order book volumes.

Q: Why is this trend relevant for users or analysts?

A: This survey-based indicator provides valuable insights into the near-term outlook for the Russian construction industry and broader economic trends.

Q: How is this data collected or calculated?

A: The data is collected through business surveys conducted by the Federal State Statistics Service of Russia.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this indicator to understand the current state and future prospects of the Russian construction sector and broader economy.

Q: Are there update delays or limitations?

A: The data is published monthly with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Russia (BCOBLV02RUQ460S), retrieved from FRED.