Production: Construction: Total for Switzerland
PRCNTO01CHQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.76
Year-over-Year Change
-238.95%
Date Range
1/1/2000 - 1/1/2025
Summary
The 'Production: Construction: Total for Switzerland' metric measures the overall volume of construction activity in Switzerland. This trend is a key indicator of economic growth and investment in the Swiss construction sector.
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
This series tracks the total volume of construction work performed in Switzerland, including both residential and non-residential building projects. It is an important barometer of construction industry health and broader economic conditions in the country.
Methodology
The data is collected through surveys of construction firms and statistical modeling by the Swiss Federal Statistical Office.
Historical Context
Economists and policymakers closely monitor this construction output trend to assess the state of the Swiss economy and inform infrastructure investment decisions.
Key Facts
- Switzerland is a major global exporter of construction services.
- Construction accounts for over 5% of Switzerland's total GDP.
- Swiss construction output has grown by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Construction: Total for Switzerland' metric measures the overall volume of construction activity in the country, including both residential and non-residential building projects.
Q: Why is this trend relevant for users or analysts?
A: This construction output trend is a key indicator of economic growth and investment in the Swiss construction sector, providing insights into the broader health of the Swiss economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and statistical modeling by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this construction output trend to assess the state of the Swiss economy and inform infrastructure investment decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical lag of 2-3 months between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Production: Construction: Total for Switzerland (PRCNTO01CHQ659S), retrieved from FRED.