Production: Manufacturing: Investment Goods: Total for Slovak Republic
SVKPRMNVG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.18
Year-over-Year Change
4.06%
Date Range
1/1/2000 - 10/1/2023
Summary
This economic trend measures production of investment goods in the manufacturing sector of the Slovak Republic. It serves as an important indicator of industrial activity and investment levels in the economy.
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: Manufacturing: Investment Goods: Total for Slovak Republic tracks the output of capital equipment, machinery, and other investment-oriented goods produced by Slovak manufacturers. This metric provides insight into the strength of domestic investment and the health of the country's industrial base.
Methodology
The data is collected through surveys of manufacturing firms and compiled by the Slovak Statistical Office.
Historical Context
Economists and policymakers analyze this trend to gauge the broader state of the Slovak economy and capital investment.
Key Facts
- Slovakia is a major exporter of machinery and investment goods.
- Investment goods production accounts for over 30% of total Slovak manufacturing output.
- This trend closely tracks Slovak GDP growth and business investment cycles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total production of investment goods, such as machinery, equipment, and other capital goods, by the manufacturing sector in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of domestic investment and capital formation, which are key drivers of economic growth and industrialization in Slovakia.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms and compiled by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to assess the health of the Slovak industrial base and make informed decisions about economic and investment policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Investment Goods: Total for Slovak Republic (SVKPRMNVG01IXOBSAM), retrieved from FRED.