Value of New Buildings Constructed for France
A027AAFRA400NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.51
Year-over-Year Change
27.69%
Date Range
1/1/1892 - 1/1/1911
Summary
The 'Value of New Buildings Constructed for France' measures the total monetary value of new construction projects in France. This economic indicator provides insights into the country's building activity and overall economic conditions.
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 metric tracks the total value of new residential, commercial, and industrial buildings constructed in France. It is a leading indicator of the construction industry's performance and can signal trends in the broader economy.
Methodology
The data is collected by government statistical agencies through surveys of construction firms and building permits.
Historical Context
Policymakers and analysts use this indicator to assess the health of the French construction sector and forecast economic growth.
Key Facts
- France is one of the largest construction markets in Europe.
- New building construction accounts for a significant portion of the country's GDP.
- The indicator tracks both residential and non-residential building activity.
FAQs
Q: What does this economic trend measure?
A: The 'Value of New Buildings Constructed for France' metric measures the total monetary value of new construction projects in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the performance of the French construction industry, which is an important sector for the overall economy.
Q: How is this data collected or calculated?
A: The data is collected by government statistical agencies through surveys of construction firms and building permits.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health of the construction sector and forecast economic growth in France.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Value of New Buildings Constructed for France (A027AAFRA400NNBR), retrieved from FRED.