Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for France

FRAPROCONAISMEI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

102.97

Year-over-Year Change

-6.42%

Date Range

1/1/1955 - 1/1/2023

Summary

This economic indicator measures the production volume of the construction industry in France. It provides insights into the overall health and activity level of the French construction 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

The Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for France trend represents the monthly volume of production in the French construction industry. This metric is a key barometer for analyzing the strength and performance of the construction sector, which is an important driver of economic growth.

Methodology

The data is collected and calculated by the French National Institute of Statistics and Economic Studies (INSEE).

Historical Context

This construction production index is closely monitored by policymakers, industry analysts, and economic forecasters to assess the current state and outlook for the French economy.

Key Facts

  • France is the third-largest construction market in Europe.
  • Construction accounts for over 6% of France's GDP.
  • The construction industry employs over 1.5 million workers in France.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the monthly production volume of the construction industry in France, providing insights into the overall activity and performance of the construction sector.

Q: Why is this trend relevant for users or analysts?

A: The construction production index is a key economic indicator that is closely monitored by policymakers, industry analysts, and economic forecasters to assess the current state and outlook for the French economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the French National Institute of Statistics and Economic Studies (INSEE).

Q: How is this trend used in economic policy?

A: This construction production index is used by policymakers, economists, and market analysts to gauge the health and performance of the French construction sector, which is an important driver of economic growth.

Q: Are there update delays or limitations?

A: The construction production data is published monthly by INSEE, with a typical delay of around 2 months between the reference period and the release of the data.

Related Trends

Citation

U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for France (FRAPROCONAISMEI), retrieved from FRED.