Production: Industry: Total Industry Excluding Construction for Australia
PRINTO01AUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.44
Year-over-Year Change
540.59%
Date Range
10/1/1974 - 1/1/2025
Summary
This economic trend measures total industrial production in Australia, excluding the construction sector. It provides a broad gauge of the health and output of the Australian manufacturing and 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 Production: Industry: Total Industry Excluding Construction for Australia indicator tracks the overall level of industrial activity in the country, excluding the construction industry. It is a widely used metric for assessing the current state and trends within the Australian industrial and manufacturing sectors.
Methodology
The data is collected and calculated by the Australian Bureau of Statistics based on surveys of industrial production and output.
Historical Context
This metric is closely monitored by policymakers, central banks, and market analysts to gauge the strength of the Australian economy and inform economic and monetary policy decisions.
Key Facts
- Australia is the 14th largest economy in the world.
- Manufacturing accounts for around 6% of Australia's GDP.
- Industrial production rose 0.7% in the latest quarter.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the overall level of industrial activity in Australia, excluding the construction sector. It provides a broad gauge of manufacturing and industrial output in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers, economists, and market participants as a key indicator of the health and momentum of the Australian industrial economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Australian Bureau of Statistics based on surveys of industrial production and output.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this indicator to assess the strength of the Australian economy and inform their economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Australia (PRINTO01AUQ657S), retrieved from FRED.