Production: Manufacturing: Investment Goods: Total for Finland
FINPRMNVG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148.10
Year-over-Year Change
0.61%
Date Range
1/1/1960 - 10/1/2023
Summary
This economic trend tracks production of investment goods in the manufacturing sector of Finland. It serves as an important indicator of business investment and economic growth.
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: Investment Goods: Total for Finland indicator measures the volume of manufactured capital goods produced in the country. This provides insight into the level of business investment and expansion within Finland's industrial base.
Methodology
The data is collected through surveys of manufacturing firms and production facilities.
Historical Context
This metric is closely watched by policymakers and economists to assess the health of Finland's industrial economy.
Key Facts
- Finland is a major industrial exporter, particularly of machinery and equipment.
- Investment goods account for over 25% of Finland's total manufacturing output.
- Production of investment goods has seen steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the production volume of capital goods, such as machinery, equipment, and other durable manufactured products used for investment and business expansion in Finland.
Q: Why is this trend relevant for users or analysts?
A: The production of investment goods is a key leading indicator of overall economic growth and business investment within Finland. It provides insight into the strength of the country's industrial base and manufacturing capabilities.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities and firms in Finland.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to assess the health of Finland's industrial sector and make informed decisions regarding monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical lag of 4-6 weeks. There may be some variability in reporting by individual firms, but the overall trend provides a reliable indicator of Finland's investment goods production.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Finland
FINEXPORTQDSMEI
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Finland
NAEXKP02FIQ659S
International Merchandise Trade Statistics: Imports: Commodities for Finland
FINXTIMVA01CXMLQ
Consumer Price Index: Recreation and Culture (COICOP 09): Total for Finland
FINCP090000IXNBQ
Production: Manufacturing: Intermediate Goods: Total for Finland
FINPRMNIG01IXOBSAM
Bank Capital to Total Assets for Finland
DDSI03FIA156NWDB
Citation
U.S. Federal Reserve, Production: Manufacturing: Investment Goods: Total for Finland (FINPRMNVG01IXOBSAM), retrieved from FRED.