Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Colombia
COLBSEMFT02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.67
Year-over-Year Change
-83.39%
Date Range
1/1/1981 - 1/1/2025
Summary
The Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Colombia is an economic indicator that measures manufacturing firms' expectations about future employment levels in Colombia.
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 indicator tracks the sentiment of Colombian manufacturing companies regarding their anticipated employment changes in the coming months. It provides insights into expected labor market dynamics and overall economic conditions.
Methodology
The data is collected through surveys of manufacturing firms in Colombia.
Historical Context
This trend is widely used by policymakers and analysts to anticipate changes in the Colombian economy.
Key Facts
- The survey has been conducted monthly since 1992.
- The indicator ranges from -100 to 100, with positive values signaling expected employment growth.
- The trend is considered a leading indicator of economic conditions in Colombia.
FAQs
Q: What does this economic trend measure?
A: This trend measures manufacturing firms' expectations about future employment levels in Colombia. It provides insights into anticipated labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by policymakers and analysts to anticipate changes in the Colombian economy, as it offers forward-looking information on employment and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms in Colombia.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and institutions to monitor and forecast economic conditions in Colombia, informing decision-making and policy interventions.
Q: Are there update delays or limitations?
A: The data is released monthly, with minimal delays. However, the survey-based nature of the indicator may be subject to some limitations in terms of sample size and firm representativeness.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Colombia (COLBSEMFT02STSAQ), retrieved from FRED.