Production: Manufacturing: Total Manufacturing for Denmark
DNKPRMNTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
-100.99%
Date Range
2/1/1974 - 5/1/2025
Summary
This economic trend measures total manufacturing production in Denmark. It is a key indicator of the health and output of the Danish manufacturing sector, which is a significant component of the country's overall economy.
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: Manufacturing: Total Manufacturing for Denmark series tracks the total volume of manufacturing output in the country. This metric is closely watched by economists and policymakers as it provides insight into the performance and competitiveness of Denmark's industrial base.
Methodology
The data is collected through surveys of manufacturing companies and calculated as an index by Denmark's statistical agency.
Historical Context
Trends in Danish manufacturing production are closely tied to the country's broader economic conditions and trade dynamics.
Key Facts
- Denmark is a major exporter of manufactured goods.
- Manufacturing accounts for around 15% of Denmark's GDP.
- The sector employs over 300,000 people in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of manufacturing output in Denmark, providing an indicator of the health and productivity of the country's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing is a key driver of Denmark's economy, so this metric is closely watched by economists, investors, and policymakers to gauge the performance and competitiveness of the country's industrial base.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies and calculated as an index by Statistics Denmark, the country's official statistical agency.
Q: How is this trend used in economic policy?
A: Trends in Danish manufacturing production are closely tied to the country's broader economic conditions and trade dynamics, making this metric relevant for policymakers when assessing the health of the overall economy.
Q: Are there update delays or limitations?
A: The data is typically published on a monthly basis, with a lag of around 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Denmark (DNKPRMNTO01GPSAM), retrieved from FRED.