Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Russia
BSPRTE02RUM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.18
Year-over-Year Change
-13015.13%
Date Range
4/1/1993 - 1/1/2022
Summary
The 'Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Russia' tracks Russian manufacturing sentiment, a key indicator of the country's economic conditions.
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 measures the tendency, or net balance, of manufacturing firms in Russia to report increased production compared to the previous period. It serves as an important real-time barometer of the Russian industrial sector.
Methodology
The data is collected through monthly surveys of Russian manufacturing firms.
Historical Context
Economists and policymakers closely monitor this indicator to assess the health of the Russian economy.
Key Facts
- The index ranges from -100 to 100, with positive values indicating expansion.
- Russia's manufacturing sector accounts for over 15% of its GDP.
- The index has shown volatile swings over the past decade.
FAQs
Q: What does this economic trend measure?
A: This index tracks the net balance of Russian manufacturing firms reporting increased production compared to the previous period, providing insight into the health of the industrial sector.
Q: Why is this trend relevant for users or analysts?
A: The Russian manufacturing sector is a critical component of the country's economy, and this index serves as an important real-time barometer of economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Russian manufacturing firms.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to assess the strength of the Russian economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a short delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Russia (BSPRTE02RUM460S), retrieved from FRED.