Production: Industry: Total Industry Excluding Construction for Slovak Republic
PRINTO01SKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.63
Year-over-Year Change
129.62%
Date Range
4/1/1989 - 1/1/2025
Summary
This economic trend measures the total industrial production in Slovakia, excluding the construction sector. It provides a comprehensive gauge of the country's manufacturing and mining activity, which is crucial for assessing the overall health of the Slovak 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 Slovak Republic series tracks the volume of industrial output in Slovakia, excluding construction-related activities. This metric is widely used by economists and policymakers to analyze trends in the nation's industrial sector and its contribution to economic growth.
Methodology
The data is collected by the Statistical Office of the Slovak Republic through surveys of industrial enterprises.
Historical Context
This trend is closely monitored by the Slovak government, the European Central Bank, and other institutions to inform economic policies and investment decisions.
Key Facts
- Slovakia is a major industrial economy in Central Europe.
- Manufacturing accounts for over 20% of Slovakia's GDP.
- The industrial sector employs around 30% of the Slovak workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of industrial production in Slovakia, excluding the construction sector. It provides a comprehensive gauge of the country's manufacturing and mining activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator of the overall health and performance of the Slovak economy, as the industrial sector is a major driver of economic growth and employment in the country.
Q: How is this data collected or calculated?
A: The data is collected by the Statistical Office of the Slovak Republic through surveys of industrial enterprises.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Slovak government, the European Central Bank, and other institutions to inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Slovak Republic (PRINTO01SKQ657S), retrieved from FRED.