Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Finland
FINPRMNTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.68
Year-over-Year Change
-16.01%
Date Range
1/1/1959 - 3/1/2024
Summary
This economic trend measures manufacturing production volume in Finland, a key indicator of the country's overall economic activity and industrial output.
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 Volume index tracks changes in the volume of manufacturing production in Finland, providing insight into the health and performance of the nation's industrial sector. This data is widely used by economists, policymakers, and analysts to assess the state of the Finnish economy.
Methodology
The data is collected through surveys of manufacturing firms and calculated as an index relative to a base year.
Historical Context
Manufacturing production levels are closely monitored for their implications on trade, employment, and broader economic policy decisions.
Key Facts
- Finland is a major exporter of manufacturing goods.
- The index uses 2015 as the base year.
- Production levels impact Finland's trade balance and GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of manufacturing production in Finland, providing an indicator of the health and performance of the country's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing production levels are a key barometer of economic activity in Finland, with implications for trade, employment, and broader policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor manufacturing production to assess the state of the Finnish economy and inform decisions on trade, employment, and broader economic policies.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be occasional delays or revisions due to the underlying survey process.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Finland
LFEM55FEFIA647N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Finland
PRCNTO01FIQ661N
Labor Compensation: Earnings: Manufacturing: Hourly for Finland
LCEAMN01FIQ657S
National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Finland
FINEXPORTQDSMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Finland
FINCPHPLA01GYM
Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Finland
LFAC25TTFIQ647N
Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Finland (FINPRMNTO01IXOBM), retrieved from FRED.