Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil
PRINTO01BRA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.62
Year-over-Year Change
-16.03%
Date Range
1/1/1975 - 1/1/2023
Summary
This economic trend measures production volume in Brazil's industrial sector, excluding construction. It provides insights into the overall state of economic activity and industrial output.
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: Industry (Except Construction) for Brazil series tracks the level of production across Brazil's manufacturing, mining, and utilities industries. It is a key indicator of the health and performance of the country's industrial base.
Methodology
The data is collected through surveys of industrial firms and production facilities.
Historical Context
This trend is closely monitored by policymakers, analysts, and businesses to assess Brazil's economic conditions and guide investment and policy decisions.
Key Facts
- Brazil is the largest economy in Latin America.
- The industrial sector accounts for over 20% of Brazil's GDP.
- This production index is a leading indicator of Brazil's overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of Brazil's industrial sector, excluding construction. It provides an overview of economic activity in manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This production index is a key indicator of the health and performance of Brazil's industrial base, which is a significant driver of the country's overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and production facilities across Brazil.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and businesses closely monitor this trend to assess Brazil's economic conditions and guide investment, production, and policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or revisions, as is common with economic indicators. Users should check for the latest available information and be aware of any known limitations.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Brazil (PRINTO01BRA661N), retrieved from FRED.