Aggregate Coal Consumption by Freight Steam Locomotives for Great Britain
Monthly
M03082GBM434NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,123.00
Year-over-Year Change
-6.34%
Date Range
8/1/1921 - 12/1/1931
Summary
The Monthly economic trend tracks the monthly average gross business output for the manufacturing sector in Germany. This metric provides insights into the overall health and productivity of the German industrial 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 Monthly trend represents the average total value of goods and services produced by German manufacturing firms on a monthly basis. It is a key indicator of economic activity and is closely monitored by policymakers, analysts, and investors to assess the strength of the German industrial sector.
Methodology
The data is collected through surveys of manufacturing companies and calculated as a monthly average.
Historical Context
The Monthly trend is used to inform economic policy decisions and provide context for analyzing the German and broader European markets.
Key Facts
- Germany is the largest economy in the Eurozone.
- Manufacturing accounts for over 20% of Germany's GDP.
- The Monthly trend has shown steady growth since 2016.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the average gross business output for the manufacturing sector in Germany on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and productivity of the German industrial economy, which is a key driver of the broader Eurozone.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies and calculated as a monthly average.
Q: How is this trend used in economic policy?
A: The Monthly trend is used by policymakers, economists, and investors to inform decisions and assessments related to the German and European markets.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, Monthly (M03082GBM434NNBR), retrieved from FRED.