Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Switzerland
CHEPROMANAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.98
Year-over-Year Change
39.18%
Date Range
1/1/1959 - 1/1/2023
Summary
This economic trend measures the production volume index for the manufacturing sector in Switzerland. It provides important insight into the overall state of the Swiss economy and industrial 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 Production Volume Index tracks changes in the volume of manufacturing output in Switzerland. It serves as a key indicator of the health and performance of the Swiss industrial sector, which is a major driver of the country's economy.
Methodology
The data is collected through surveys of Swiss manufacturing firms and calculated as an index by the Swiss Federal Statistical Office.
Historical Context
The production volume index is closely monitored by policymakers, analysts, and investors to assess the trajectory of the Swiss economy.
Key Facts
- Switzerland is one of the world's most industrialized economies.
- Manufacturing accounts for over 25% of Switzerland's GDP.
- The production volume index is a leading indicator of Swiss economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume index for the manufacturing sector in Switzerland, providing insight into the overall state of industrial activity in the country.
Q: Why is this trend relevant for users or analysts?
A: The production volume index is a crucial indicator of the health and performance of the Swiss economy, as manufacturing is a major driver of the country's GDP.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swiss manufacturing firms and calculated as an index by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The production volume index is closely monitored by policymakers, analysts, and investors to assess the trajectory of the Swiss economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The production volume index data is published monthly with a typical lag of 1-2 months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Switzerland (CHEPROMANAISMEI), retrieved from FRED.