Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Brazil
BRAPRCNTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.29
Year-over-Year Change
-3.09%
Date Range
1/1/1986 - 3/1/2024
Summary
The 'Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Brazil' series measures the production volume of the construction industry in Brazil. This economic indicator provides insight into the state of the Brazilian construction sector and broader economic activity.
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 series represents the production volume index for the construction industry in Brazil. It is a key metric used by economists and policymakers to gauge the health and trajectory of the construction sector, which is a major driver of economic growth and employment in the country.
Methodology
The data is collected through surveys of construction firms and compiled by the Brazilian Institute of Geography and Statistics (IBGE).
Historical Context
This construction production index is closely monitored by the Brazilian government and international financial institutions to assess the broader economic conditions and inform policy decisions.
Key Facts
- The construction industry accounts for approximately 5.5% of Brazil's GDP.
- Brazil's construction production index has experienced volatility in recent years due to economic and political factors.
- The construction sector is a major employer in Brazil, accounting for over 7% of the country's total workforce.
FAQs
Q: What does this economic trend measure?
A: This series measures the production volume index for the construction industry in Brazil, providing insight into the state of the country's construction sector and broader economic activity.
Q: Why is this trend relevant for users or analysts?
A: The construction production index is a key indicator used by economists and policymakers to assess the health and trajectory of the construction industry, which is a major driver of economic growth and employment in Brazil.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and compiled by the Brazilian Institute of Geography and Statistics (IBGE).
Q: How is this trend used in economic policy?
A: This construction production index is closely monitored by the Brazilian government and international financial institutions to assess the broader economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The construction production data may be subject to occasional delays or revisions due to the complexities of data collection across the construction industry.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Brazil (BRAPRCNTO01IXOBM), retrieved from FRED.