Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Future Tendency for Russia
RUSBVDEFT02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
-12.50%
Date Range
1/1/2012 - 10/1/2021
Summary
The Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Future Tendency for Russia measures expectations about future economic activity in the Russian services sector.
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 survey-based indicator tracks business managers' expectations about future demand and overall economic conditions in the Russian services industry. It provides insight into near-term economic trends and supports macroeconomic analysis and policymaking.
Methodology
The data is collected through surveys of Russian service sector businesses.
Historical Context
This forward-looking indicator is closely monitored by economists and policymakers to assess the health of the Russian economy.
Key Facts
- This indicator is part of the OECD's Business Tendency Survey program.
- It is published monthly by the Federal Reserve Bank of St. Louis.
- The index ranges from 0 to 100, with values above 50 indicating positive future expectations.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Russian service sector businesses' expectations about future demand and overall economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking survey provides insights into near-term economic trends, supporting macroeconomic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian service sector businesses.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by economists and policymakers to assess the health of the Russian economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve Bank of St. Louis.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Future Tendency for Russia (RUSBVDEFT02STSAQ), retrieved from FRED.