Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Russia
BSEMFT02RUM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.00
Year-over-Year Change
66.67%
Date Range
1/1/1998 - 1/1/2022
Summary
The Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Russia measures expected changes in manufacturing employment in Russia. This forward-looking indicator provides insights into the economic outlook for the Russian manufacturing 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
This survey-based index reflects the future employment expectations of Russian manufacturing firms. It serves as an important leading indicator for policymakers and analysts monitoring the health of the Russian economy.
Methodology
The data is collected through business surveys conducted by the Russian Federal State Statistics Service.
Historical Context
The employment tendency index is used to anticipate changes in Russian industrial production and guide economic policy decisions.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating expected employment growth.
- Russia's manufacturing sector accounts for over 15% of its GDP.
- The survey has been conducted monthly since 2002.
FAQs
Q: What does this economic trend measure?
A: The Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Russia measures the expected changes in manufacturing employment in Russia.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking index provides insights into the economic outlook for the Russian manufacturing sector, which is a critical component of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected through business surveys conducted by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: The employment tendency index is used by policymakers and analysts to anticipate changes in Russian industrial production and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The survey has been conducted monthly since 2002, providing a consistent and timely source of data on manufacturing employment expectations in Russia.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Russia (BSEMFT02RUM460S), retrieved from FRED.