Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Sweden
Annual, Seasonally Adjusted
SWEPROINDAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.52
Year-over-Year Change
10.25%
Date Range
1/1/1955 - 1/1/2023
Summary
The Swedbank Production Index for Manufacturing provides a monthly measure of industrial production in Sweden. It is a key indicator of the overall health and direction of the Swedish 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 Swedbank Production Index for Manufacturing is a timely and closely-watched metric that tracks changes in the volume of industrial production in Sweden. It is a leading indicator used by economists and policymakers to assess the strength of the Swedish manufacturing sector and broader economy.
Methodology
The index is calculated based on monthly surveys of Swedish manufacturing firms.
Historical Context
The Swedbank Production Index is closely watched by the Riksbank, Sweden's central bank, and other institutions for insights into economic conditions.
Key Facts
- The index has a base year of 2015.
- Manufacturing accounts for about 16% of Sweden's GDP.
- The index reached an all-time high in 2021.
FAQs
Q: What does this economic trend measure?
A: The Swedbank Production Index for Manufacturing measures the monthly changes in the volume of industrial production in Sweden's manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the overall health and direction of the Swedish economy, providing timely insights into the strength of the manufacturing sector.
Q: How is this data collected or calculated?
A: The index is calculated based on monthly surveys of Swedish manufacturing firms.
Q: How is this trend used in economic policy?
A: The Swedbank Production Index is closely watched by the Riksbank, Sweden's central bank, and other institutions for insights into economic conditions and to inform policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a short delay, providing timely information on the state of Swedish manufacturing.
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Citation
U.S. Federal Reserve, Swedbank Production Index for Manufacturing (SWEPROINDAISMEI), retrieved from FRED.