Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Germany
PRCNTO01DEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.39
Year-over-Year Change
-0.61%
Date Range
1/1/1950 - 1/1/2024
Summary
This economic trend measures the production volume of the construction industry in Germany, providing insights into the overall state of economic activity in the sector.
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 Volume: Economic Activity: Construction for Germany series tracks the production output of the construction industry, a key indicator of economic health and investment. It is closely monitored by policymakers and analysts to assess the broader performance of the German economy.
Methodology
The data is collected and calculated by the German Federal Statistical Office based on surveys of construction firms.
Historical Context
This trend is used to inform economic policy decisions and analyze market conditions for the construction industry.
Key Facts
- Construction is a key sector of the German economy.
- Production volume data provides insights into construction investment.
- Trends in this series can signal broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the construction industry in Germany, providing insights into the overall level of economic activity in the sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by policymakers and analysts to assess the broader performance of the German economy, as the construction industry is a key driver of economic growth and investment.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the German Federal Statistical Office based on surveys of construction firms.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic policy decisions and analyze market conditions for the construction industry, which is a significant component of the German economy.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule of the German Federal Statistical Office, with potential delays in availability.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Germany (PRCNTO01DEQ661N), retrieved from FRED.