Production: Industry: Total Industry Excluding Construction for Luxembourg
PRINTO01LUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
-55.14%
Date Range
1/1/1956 - 1/1/2025
Summary
The 'Production: Industry: Total Industry Excluding Construction for Luxembourg' trend measures the output of the industrial sector in Luxembourg, excluding the construction industry. This metric is a key indicator of the overall health and performance of the Luxembourgish 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
This economic indicator provides insight into the industrial production activities in Luxembourg, which are critical drivers of economic growth. The total industry excluding construction metric excludes the construction sector to focus specifically on manufacturing, mining, and utilities production.
Methodology
The data is collected through surveys of industrial establishments and calculated as an index based on a reference year.
Historical Context
Policymakers and analysts use this trend to assess the current state and trajectory of the Luxembourgish economy.
Key Facts
- Luxembourg's industrial sector accounts for over 20% of its GDP.
- Manufacturing is the largest component of Luxembourg's industrial output.
- This indicator excludes the construction industry, which has its own separate metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output of the industrial sector in Luxembourg, excluding the construction industry. It provides insight into the manufacturing, mining, and utilities production activities in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and performance of the Luxembourgish economy, as the industrial sector is a critical driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and calculated as an index based on a reference year.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the current state and trajectory of the Luxembourgish economy, which informs economic policies and decision-making.
Q: Are there update delays or limitations?
A: There may be some delays in the data reporting, and the metric may not capture all aspects of the industrial sector in Luxembourg.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Luxembourg (PRINTO01LUQ659S), retrieved from FRED.