Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for Russia
BSOBLV02RUM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-29.00
Year-over-Year Change
-14.71%
Date Range
9/1/1992 - 1/1/2022
Summary
The Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for Russia tracks the state of order books in the Russian manufacturing sector, providing insights into current 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 indicator is a leading economic signal that measures the current state of order books in the Russian manufacturing industry. It is a key input for economists and policymakers to assess the health and trajectory of the Russian economy.
Methodology
The data is collected through monthly surveys of manufacturing firms in Russia.
Historical Context
This metric is closely watched by analysts to gauge the state of Russian industrial production and broader economic conditions.
Key Facts
- Russia is a major global manufacturing economy.
- Manufacturing accounts for over 15% of Russia's GDP.
- This indicator reflects the near-term outlook for Russian industrial production.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the current state of order books in the Russian manufacturing sector, providing insights into the level of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is a leading indicator for the Russian economy, as it reflects the near-term outlook for industrial production and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms in Russia.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to assess the health and trajectory of the Russian economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for Russia (BSOBLV02RUM460S), retrieved from FRED.