Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Israel
ISRPRMNTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.12
Year-over-Year Change
-10.55%
Date Range
1/1/1990 - 12/1/2023
Summary
This economic trend measures the production volume of the manufacturing sector in Israel, a key indicator of the country's overall economic activity.
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: Economic Activity: Manufacturing for Israel index tracks changes in the production output of Israel's manufacturing industries. It is used by economists and policymakers to assess the health and trajectory of the Israeli economy.
Methodology
The data is collected through surveys of manufacturing firms and production facilities across Israel.
Historical Context
This metric helps inform decisions around economic and industrial policy.
Key Facts
- Israel is a major industrial and high-tech exporter.
- Manufacturing accounts for over 15% of Israel's GDP.
- This index tracks changes in production across 17 sub-sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the manufacturing sector in Israel, providing insight into the overall level of economic activity in the country.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing production index is a key indicator of the health and direction of the Israeli economy, helping to inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms and production facilities across Israel.
Q: How is this trend used in economic policy?
A: This metric helps policymakers and analysts assess the state of the Israeli economy and inform decisions around economic and industrial policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 4-6 week delay.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Israel (ISRPRMNTO01IXOBM), retrieved from FRED.