Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Colombia
COLBSCURT02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.74
Year-over-Year Change
-2.93%
Date Range
1/1/1981 - 1/1/2025
Summary
The Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Colombia measures the current capacity utilization rate in the Colombian manufacturing sector. This metric provides insight into the intensity of economic activity and production levels.
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 series represents the current rate of capacity utilization in the manufacturing industry of Colombia. It serves as an important leading indicator for the overall state of the Colombian economy, as changes in manufacturing capacity utilization often precede broader economic trends.
Methodology
The data is collected through business surveys conducted by the Colombian national statistics agency.
Historical Context
Policymakers and analysts use this metric to assess the health of the Colombian manufacturing sector and inform economic policy decisions.
Key Facts
- The series has been tracked since 1990.
- Manufacturing accounts for around 12% of Colombia's GDP.
- Capacity utilization is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the current rate of capacity utilization in the manufacturing sector of the Colombian economy.
Q: Why is this trend relevant for users or analysts?
A: Changes in manufacturing capacity utilization often precede broader economic trends, making this metric a valuable leading indicator for the overall state of the Colombian economy.
Q: How is this data collected or calculated?
A: The data is collected through business surveys conducted by the Colombian national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the Colombian manufacturing sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with minimal delays.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Colombia (COLBSCURT02STSAQ), retrieved from FRED.