Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Turkiye
TURBCBUTE02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.54
Year-over-Year Change
-9.14%
Date Range
1/1/2011 - 6/1/2025
Summary
The Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Turkiye index tracks the reported business situation and economic activity in the construction sector in Turkiye. This indicator provides insights into the overall health and outlook of the Turkiye construction industry.
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: Business Situation: Economic Activity: Construction: Tendency for Turkiye index is a leading indicator that measures the self-reported business situation and economic activity in the construction sector in Turkiye. The data is collected through surveys of construction firms and provides a forward-looking assessment of the industry's performance and confidence.
Methodology
The data is collected through monthly surveys of construction businesses in Turkiye.
Historical Context
This index is used by economists, policymakers, and industry analysts to gauge the strength and trajectory of the Turkiye construction sector.
Key Facts
- The index ranges from -100 to +100, with positive values indicating an optimistic outlook.
- Turkiye's construction sector accounts for approximately 6% of its GDP.
- The construction industry is a key driver of economic growth in Turkiye.
FAQs
Q: What does this economic trend measure?
A: The Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Turkiye index measures the self-reported business situation and economic activity in the construction sector in Turkiye.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the health and outlook of the Turkiye construction industry, which is a critical sector for the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of construction businesses in Turkiye.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this index to gauge the strength and trajectory of the Turkiye construction sector, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical update delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Turkiye (TURBCBUTE02STSAM), retrieved from FRED.