Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Brazil
BRAPROCONMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.89
Year-over-Year Change
2.42%
Date Range
1/1/1986 - 3/1/2024
Summary
This economic trend measures the production volume of the construction industry in Brazil, providing insights into the overall level of economic activity in the sector.
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 Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Brazil series tracks the monthly changes in the production volume of the construction industry in the country. This metric serves as a key indicator of the health and performance of the Brazilian construction sector, which is a significant driver of the broader economy.
Methodology
The data is collected and calculated by the Brazilian Institute of Geography and Statistics (IBGE).
Historical Context
This construction production volume trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the Brazilian economy.
Key Facts
- Brazil is one of the largest construction markets in the world.
- The construction industry accounts for over 5% of Brazil's GDP.
- Construction production volume is a leading indicator of broader economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production volume of the construction industry in Brazil, providing insights into the overall level of economic activity in the sector.
Q: Why is this trend relevant for users or analysts?
A: The construction production volume trend is a key indicator of the health and performance of the Brazilian economy, as the construction industry is a significant driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Brazilian Institute of Geography and Statistics (IBGE).
Q: How is this trend used in economic policy?
A: This construction production volume trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the Brazilian economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the IBGE, with a typical update delay of 2-3 weeks.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Brazil (BRAPROCONMISMEI), retrieved from FRED.