Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Switzerland
CHEPROINDAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.55
Year-over-Year Change
35.13%
Date Range
1/1/1959 - 1/1/2023
Summary
This trend measures the production volume of the Swiss industrial sector, excluding construction. It provides insight into the overall level of economic activity and is a key indicator for 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 Volume: Economic Activity: Industry (Except Construction) for Switzerland trend represents the output of the Swiss manufacturing and mining sectors. It is a widely-used gauge of industrial performance and is closely monitored for signals about the broader economy.
Methodology
The data is collected through surveys of industrial firms and calculated as an index by the Swiss Federal Statistical Office.
Historical Context
This trend is often used to assess the health of the Swiss economy and inform policy decisions.
Key Facts
- Switzerland is a major industrial exporter, especially in machinery, chemicals, and pharmaceuticals.
- The industrial sector accounts for over a quarter of Switzerland's GDP.
- Manufacturing PMI is another closely watched indicator of Swiss industrial performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the Swiss industrial sector, excluding construction. It provides an overall gauge of economic activity in Switzerland's manufacturing and mining industries.
Q: Why is this trend relevant for users or analysts?
A: The production volume trend is a key indicator of the health and direction of the Swiss economy. It is closely monitored by policymakers, investors, and analysts to assess industrial performance and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms in Switzerland and calculated as an index by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: This trend provides valuable insights into the state of the Swiss economy that can inform monetary and fiscal policy decisions. It is used by the Swiss National Bank and other institutions to evaluate economic conditions and guide policy.
Q: Are there update delays or limitations?
A: The production volume data is published monthly with a typical 1-2 month lag. There may be revisions to previously reported figures as more complete data becomes available.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Switzerland (CHEPROINDAISMEI), retrieved from FRED.