Business Tendency Surveys: Employment: Economic Activity: Services: Future Tendency for Russia
RUSBVEMFT02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
N/A%
Date Range
1/1/2013 - 10/1/2021
Summary
This economic trend measures the future tendency for employment in the services sector in Russia, as reported by business surveys. It provides insight into the expected direction of economic activity.
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 Business Tendency Surveys: Employment: Economic Activity: Services: Future Tendency for Russia tracks business sentiment about future employment conditions in the Russian services sector. It is a leading indicator used by economists and policymakers to anticipate changes in economic conditions.
Methodology
The data is collected through monthly business surveys conducted by the Federal State Statistics Service of Russia.
Historical Context
This trend is closely monitored by analysts to gauge the outlook for the Russian services sector and broader economic performance.
Key Facts
- The survey asks businesses about expected changes in employment over the next 3 months.
- A positive value indicates optimism about future employment growth.
- The series began in 2007 and is reported on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the future tendency for employment in the services sector in Russia, as reported by business surveys.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator provides insight into the expected direction of economic activity and is closely monitored by analysts to gauge the outlook for the Russian services sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly business surveys conducted by the Federal State Statistics Service of Russia.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to anticipate changes in economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The series is reported on a quarterly basis, so there may be a delay in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Employment: Economic Activity: Services: Future Tendency for Russia (RUSBVEMFT02STSAQ), retrieved from FRED.