Production: Construction: Total for Switzerland
PRCNTO01CHQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.20
Year-over-Year Change
-227.68%
Date Range
4/1/1999 - 1/1/2025
Summary
The 'Production: Construction: Total for Switzerland' trend measures the overall output of the construction industry in Switzerland. This metric is closely watched by economists as a leading indicator of economic activity and investment.
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: Construction: Total for Switzerland' index tracks the volume of construction work completed across residential, commercial, and civil engineering projects in the country. It provides a comprehensive view of the health and momentum of the Swiss construction sector, which is a significant contributor to GDP.
Methodology
The data is collected by the Swiss Federal Statistical Office through surveys of construction firms and project owners.
Historical Context
Policymakers and market analysts use this construction index to assess the broader economic climate and make informed decisions.
Key Facts
- Switzerland is a global leader in construction productivity.
- Construction accounts for over 5% of Switzerland's GDP.
- The construction industry employs more than 300,000 workers in Switzerland.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Construction: Total for Switzerland' trend measures the overall output and volume of construction activity in the country.
Q: Why is this trend relevant for users or analysts?
A: This construction index is a valuable leading indicator of economic performance and investment in Switzerland, providing insights into a key sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected by the Swiss Federal Statistical Office through surveys of construction firms and project owners.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this construction index to assess the broader economic climate and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal delays, providing timely insights into the Swiss construction sector.
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Citation
U.S. Federal Reserve, Production: Construction: Total for Switzerland (PRCNTO01CHQ657S), retrieved from FRED.