Production: Construction: Total for Spain
ESPPRCNTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.07
Year-over-Year Change
N/A%
Date Range
2/1/1988 - 5/1/2025
Summary
The 'Production: Construction: Total for Spain' trend measures the total construction output in Spain. This metric is crucial for understanding the health and growth of the Spanish construction sector, a key component of the country's 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
This series tracks the overall construction production index for Spain, capturing the volume of construction work carried out in the country. It provides an important indicator of activity levels and trends in the Spanish construction industry, which is a significant driver of economic growth and investment.
Methodology
The data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and economists monitor this trend to assess the state of the Spanish construction sector and its broader economic implications.
Key Facts
- Spain is the fourth-largest construction market in Europe.
- The construction sector accounts for around 6% of Spain's GDP.
- Construction output in Spain reached a record high in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Construction: Total for Spain' trend measures the overall volume of construction work carried out in Spain, providing an indicator of activity levels in the country's construction industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator for understanding the health and performance of the Spanish construction sector, which is a key driver of economic growth and investment in the country.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the state of the Spanish construction industry and its broader economic implications, informing policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with occasional delays due to the collection and processing of information by Eurostat.
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Citation
U.S. Federal Reserve, Production: Construction: Total for Spain (ESPPRCNTO01GPSAM), retrieved from FRED.