Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Japan
JPNPRCNTO01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.69
Year-over-Year Change
-4.94%
Date Range
1/1/1994 - 7/1/2023
Summary
This economic trend measures the production volume of construction activity in Japan, providing insights into the overall state of the Japanese 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: Construction for Japan series tracks the production output of the construction sector in Japan. This indicator is widely used by economists and policymakers to assess the health and growth potential of the broader Japanese economy.
Methodology
The data is collected through surveys and reports from construction industry participants.
Historical Context
This construction production metric is a key input for monitoring infrastructure investment, real estate trends, and overall macroeconomic conditions.
Key Facts
- Japan's construction sector accounts for over 5% of its GDP.
- Construction production levels are closely watched for infrastructure and housing market insights.
- Sustained declines in construction output can signal broader economic slowdown.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the construction industry in Japan, providing a gauge of overall economic activity in the country.
Q: Why is this trend relevant for users or analysts?
A: The construction production index is a key indicator of infrastructure investment, real estate market conditions, and the broader health of the Japanese economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from construction industry participants and organizations.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this construction production metric to assess macroeconomic conditions and make informed decisions about fiscal, monetary, and industry-specific policies.
Q: Are there update delays or limitations?
A: There may be some time lags in data reporting, and the series may not capture all informal or small-scale construction activity.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Japan (JPNPRCNTO01IXOBQ), retrieved from FRED.