Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Israel
ISRPROMANQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.56
Year-over-Year Change
6.63%
Date Range
1/1/1990 - 10/1/2023
Summary
This economic trend measures the production volume of the manufacturing sector in Israel. It is a key indicator of the overall health and activity of the Israeli economy.
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: Manufacturing for Israel series tracks the monthly changes in manufacturing production in the country. It provides insights into the level of economic activity and can be used to assess the performance of the industrial sector.
Methodology
The data is collected through surveys of manufacturing firms in Israel.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to gauge the state of the Israeli economy.
Key Facts
- Israel is a major exporter of manufactured goods.
- Manufacturing accounts for over 15% of Israel's GDP.
- Production volume has fluctuated in recent years due to global economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production volume of the manufacturing sector in Israel, providing insights into the level of economic activity in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the overall health and performance of the Israeli economy, and is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms in Israel.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the state of the Israeli economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with some potential for delays in reporting from the survey sources.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Israel (ISRPROMANQISMEI), retrieved from FRED.