Business Tendency Surveys: Selling Prices: Economic Activity: Construction: Future Tendency for Russia
BCSPFT02RUQ460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.00
Year-over-Year Change
28.95%
Date Range
1/1/1998 - 10/1/2021
Summary
The 'Business Tendency Surveys: Selling Prices: Economic Activity: Construction: Future Tendency for Russia' measures expectations around future selling prices 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 tracks the future selling price outlook among construction firms in Russia. It provides insight into inflationary pressures and economic conditions in the construction sector, a key driver of overall economic activity.
Methodology
The data is collected through a monthly survey of construction companies in Russia.
Historical Context
This indicator is used by economists and policymakers to gauge future price trends and economic momentum in the Russian construction industry.
Key Facts
- The survey data is collected monthly.
- The indicator tracks selling price expectations, not actual prices.
- Construction is a significant sector of the Russian economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the future selling price outlook among construction firms in Russia. It provides insight into inflationary pressures and economic conditions in the construction industry.
Q: Why is this trend relevant for users or analysts?
A: The construction sector is a key driver of overall economic activity, so this indicator offers valuable forward-looking information for economists and policymakers analyzing the Russian economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of construction companies in Russia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to gauge future price trends and economic momentum in the Russian construction industry, which can inform broader economic policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in the monthly data releases, and the survey-based nature of the indicator means it reflects expectations rather than actual prices.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Selling Prices: Economic Activity: Construction: Future Tendency for Russia (BCSPFT02RUQ460S), retrieved from FRED.