Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Spain
ESPBCBUTE02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.10
Year-over-Year Change
68.18%
Date Range
1/1/1989 - 6/1/2025
Summary
The Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Spain tracks business sentiment in the Spanish construction sector, providing insights into economic conditions and activity.
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 measures the tendency of businesses in the Spanish construction industry to assess their current economic situation. It is an important barometer of construction sector confidence and activity, which has significant implications for the broader Spanish economy.
Methodology
The data is collected through monthly surveys of construction firms in Spain.
Historical Context
Policymakers and analysts use this indicator to monitor the health of the Spanish construction industry and broader economic trends.
Key Facts
- The survey has been conducted monthly since 1988.
- The indicator ranges from -100 to +100, with positive values indicating an optimistic outlook.
- The construction sector accounts for approximately 5% of Spain's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tendency of businesses in the Spanish construction industry to assess their current economic situation, providing insights into construction sector confidence and activity.
Q: Why is this trend relevant for users or analysts?
A: The construction industry is a key component of the Spanish economy, and this indicator offers valuable insights into the health and outlook of the sector, which has broader implications for the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of construction firms in Spain.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor the construction industry and broader economic trends, which can inform policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a relatively short time lag, making it a timely indicator of construction sector sentiment.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Spain (ESPBCBUTE02STSAM), retrieved from FRED.