Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Sweden
PRMNTO01SEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.45
Year-over-Year Change
10.75%
Date Range
1/1/1955 - 1/1/2023
Summary
This trend measures the production volume in the manufacturing sector of the Swedish economy. It provides important insights into the health and activity levels of Sweden's industrial base.
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, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Sweden index tracks the production output of Swedish manufacturers. This data is a key indicator of the overall performance and growth trajectory of the Swedish industrial economy.
Methodology
The data is collected through surveys of Swedish manufacturing firms and calculated as an index.
Historical Context
Policymakers and analysts use this trend to gauge the strength of Sweden's industrial sector and guide economic policy decisions.
Key Facts
- Sweden is a major manufacturing economy in Europe.
- Manufacturing accounts for over 15% of Sweden's GDP.
- The production index has shown moderate growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production output volume in the manufacturing sector of the Swedish economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and growth trajectory of Sweden's industrial base, which is a key driver of the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish manufacturing firms and calculated as an index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the strength of Sweden's industrial sector and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be some delays in reporting from the source.
Related Trends
Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Tendency for Sweden
BVDETE02SEM460S
International Merchandise Trade Statistics: Exports: Commodities for Sweden
XTEXVA01SEQ667S
Gross Portfolio Equity Assets to GDP for Sweden
DDDM09SEA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Sweden
CPGRLE01SEM659N
Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Sweden
CRDQSEAPABIS
Labor Compensation: Earnings: Manufacturing: Hourly for Sweden
LCEAMN01SEQ659S
Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Sweden (PRMNTO01SEA661N), retrieved from FRED.