Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil
BRAPROINDAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.62
Year-over-Year Change
-16.03%
Date Range
1/1/1975 - 1/1/2023
Summary
This economic trend measures production volume in Brazil's industrial sector, excluding construction. It provides insight into the overall state of economic activity and is closely monitored by policymakers and analysts.
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: Industry (Except Construction) for Brazil indicator tracks changes in industrial production in the country, excluding the construction industry. It is a key metric for assessing the health and momentum of the Brazilian economy.
Methodology
This data is collected through surveys of industrial firms in Brazil.
Historical Context
The production volume trend is used by economists and policymakers to inform decisions on monetary and fiscal policies.
Key Facts
- Brazil is the largest economy in Latin America.
- The industrial sector accounts for over 20% of Brazil's GDP.
- Production volume data is released monthly by the Central Bank of Brazil.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of Brazil's industrial sector, excluding construction. It provides an indicator of overall economic activity in the country.
Q: Why is this trend relevant for users or analysts?
A: The production volume trend is a key metric for assessing the health of the Brazilian economy and can inform policy decisions by the government and central bank.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms in Brazil.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this production volume data to help guide monetary and fiscal policies aimed at promoting economic growth and stability in Brazil.
Q: Are there update delays or limitations?
A: The production volume data is released monthly by the Central Bank of Brazil, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil (BRAPROINDAISMEI), retrieved from FRED.