Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Portugal
PRTPROCONQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.83
Year-over-Year Change
11.74%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic indicator tracks the production volume of the construction industry in Portugal, providing insights into the country's economic activity and development.
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: Construction for Portugal series measures the output and production levels of the construction sector, which is a key driver of economic growth and infrastructure development in the country.
Methodology
The data is collected and calculated by the national statistical agency of Portugal.
Historical Context
This metric is closely monitored by policymakers, investors, and analysts to gauge the health and trajectory of the Portuguese economy.
Key Facts
- Portugal is a leading construction market in Europe.
- Construction accounts for over 5% of Portugal's GDP.
- The construction industry employs over 300,000 workers in Portugal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume and output levels of the construction industry in Portugal, providing insights into the state of the country's economic activity and development.
Q: Why is this trend relevant for users or analysts?
A: The construction industry is a key driver of economic growth in Portugal, and this metric is closely monitored by policymakers, investors, and analysts to gauge the health and trajectory of the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the national statistical agency of Portugal.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers in Portugal to assess the state of the construction industry and its impact on the broader economy, informing economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular basis by the Portuguese statistical agency, but there may be some delays in publication due to the nature of data collection and processing.
Related Trends
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Infra-Annual Labor Statistics: Employment Female: From 15 to 74 Years for Portugal
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Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Portugal
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Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Portugal
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Total Credit to General Government, Adjusted for Breaks, for Portugal
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Portugal (PRTPROCONQISMEI), retrieved from FRED.