Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Brazil
PRMNTO01BRQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.79
Year-over-Year Change
-3.22%
Date Range
1/1/1975 - 1/1/2024
Summary
This economic trend measures manufacturing production volume in Brazil, a key indicator of the country's industrial activity and overall economic health.
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 for Manufacturing trend represents the physical output of Brazil's manufacturing sector, including durable and nondurable goods. It is a closely watched metric for economists and policymakers assessing the strength of the Brazilian economy.
Methodology
The data is collected through surveys of Brazilian manufacturing firms and aggregated by the national statistical agency.
Historical Context
Manufacturing production is a leading indicator used to forecast broader economic trends and inform policy decisions.
Key Facts
- Manufacturing accounts for about 12% of Brazil's GDP.
- Production volumes declined sharply during the 2015-2016 recession.
- The sector has seen gradual recovery since 2017.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production volume of Brazil's manufacturing sector, including durable and nondurable goods.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing production is a key indicator of overall economic activity and industrial health in Brazil, making this trend highly relevant for economists, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Brazilian manufacturing firms and aggregated by the national statistical agency.
Q: How is this trend used in economic policy?
A: Manufacturing production is a leading indicator used to forecast broader economic trends and inform policy decisions in Brazil.
Q: Are there update delays or limitations?
A: There may be lags of a few months in the availability of the latest manufacturing production data.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Brazil (PRMNTO01BRQ661N), retrieved from FRED.