Business Tendency Surveys: Production: Economic Activity: Manufacturing: Future Tendency for Ireland
BSPRFT02IEM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.40
Year-over-Year Change
9.64%
Date Range
4/1/1974 - 6/1/2025
Summary
This economic indicator measures the future production tendency in the manufacturing sector of Ireland, providing insights into the expected direction of 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
The Business Tendency Surveys: Production: Economic Activity: Manufacturing: Future Tendency for Ireland is a leading indicator that gauges the expected short-term production outlook among Irish manufacturing firms. It serves as a barometer for the broader health and trajectory of the Irish economy.
Methodology
This indicator is based on survey data collected from a sample of manufacturing companies in Ireland.
Historical Context
Policymakers and analysts use this trend to anticipate changes in Ireland's industrial production and broader economic conditions.
Key Facts
- This indicator is a forward-looking measure of manufacturing activity.
- It is a component of the OECD's Composite Leading Indicator for Ireland.
- The survey has been conducted monthly since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the expected future production tendency among manufacturing firms in Ireland. It provides insights into the anticipated direction of economic activity in the sector.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is useful for policymakers and market participants in assessing the short-term outlook for the Irish economy, particularly the manufacturing industry.
Q: How is this data collected or calculated?
A: The data for this indicator is collected through monthly surveys of a sample of manufacturing companies in Ireland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to anticipate changes in Ireland's industrial production and broader economic conditions, informing policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data for this indicator is released on a monthly basis, with a short delay compared to the reference period.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Production: Economic Activity: Manufacturing: Future Tendency for Ireland (BSPRFT02IEM460S), retrieved from FRED.