Production: Manufacturing: Total Manufacturing for Spain
ESPPRMNTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.59
Year-over-Year Change
-113.05%
Date Range
1/1/1962 - 3/1/2024
Summary
The 'Production: Manufacturing: Total Manufacturing for Spain' trend measures the total volume of manufacturing output in Spain. This key economic indicator provides insights into the overall health and productivity of the Spanish manufacturing sector.
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 trend represents the total volume of manufacturing production in Spain, covering a wide range of industries such as automotive, electronics, chemicals, and textiles. It is a widely watched metric that economists and policymakers use to assess the performance and competitiveness of the Spanish manufacturing industry.
Methodology
The data is collected through surveys of manufacturing companies in Spain and calculated as an index based on the total volume of production.
Historical Context
The manufacturing production trend is a crucial input for analyzing Spain's economic growth, trade dynamics, and industrial policy decisions.
Key Facts
- Spain is the 13th largest manufacturing economy in the world.
- The manufacturing sector accounts for over 15% of Spain's GDP.
- Spanish manufacturing has experienced steady growth since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Manufacturing: Total Manufacturing for Spain' trend measures the total volume of manufacturing output in Spain, covering a wide range of industries.
Q: Why is this trend relevant for users or analysts?
A: This trend provides key insights into the performance and competitiveness of the Spanish manufacturing sector, which is a crucial driver of the country's economic growth and trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies in Spain and calculated as an index based on the total volume of production.
Q: How is this trend used in economic policy?
A: The manufacturing production trend is a crucial input for analyzing Spain's economic growth, trade dynamics, and industrial policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical delay of 6-8 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Spain (ESPPRMNTO01GYSAM), retrieved from FRED.