Index of Business Activity for Great Britain
M12011GBM333NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.40
Year-over-Year Change
5.39%
Date Range
1/1/1920 - 4/1/1935
Summary
The Index of Business Activity for Great Britain measures the monthly change in the overall level of business activity in the United Kingdom. It is a key indicator of the health and performance of the British 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 Index of Business Activity provides a comprehensive snapshot of business conditions across various sectors in Great Britain. It is a composite indicator that aggregates data on production, new orders, employment, inventories, and supplier delivery times to gauge the overall business climate.
Methodology
The index is calculated based on survey data collected from purchasing managers at private sector companies.
Historical Context
The Index of Business Activity is closely monitored by policymakers, analysts, and investors to assess the trajectory of the British economy and inform economic decision-making.
Key Facts
- The index ranges from 0 to 100, with 50 representing no change in business activity.
- A reading above 50 signals expansion, while a reading below 50 indicates contraction.
- The index is released monthly by IHS Markit on behalf of the Chartered Institute of Procurement & Supply.
FAQs
Q: What does the Index of Business Activity for Great Britain measure?
A: The index measures the monthly change in the overall level of business activity in the United Kingdom, providing a comprehensive snapshot of economic conditions across various sectors.
Q: Why is this trend relevant for users or analysts?
A: The Index of Business Activity is a key indicator of the health and performance of the British economy, closely monitored by policymakers, analysts, and investors to assess the trajectory of the UK's economic conditions.
Q: How is this data collected or calculated?
A: The index is calculated based on survey data collected from purchasing managers at private sector companies in Great Britain.
Q: How is this trend used in economic policy?
A: The Index of Business Activity is used by policymakers, economists, and market participants to inform economic decision-making and assess the overall state of the UK economy.
Q: Are there update delays or limitations?
A: The index is released monthly by IHS Markit on behalf of the Chartered Institute of Procurement & Supply, with no significant update delays or limitations.
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Citation
U.S. Federal Reserve, Index of Business Activity for Great Britain (M12011GBM333NNBR), retrieved from FRED.