Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Luxembourg
BCCICP02LUM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-21.60
Year-over-Year Change
-2.26%
Date Range
1/1/1985 - 6/1/2025
Summary
The Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Luxembourg measures the overall confidence level of construction companies in Luxembourg's 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
This survey-based index tracks the sentiment of Luxembourg's construction industry, providing insights into the perceived state of economic activity. It is a valuable indicator for understanding the health and outlook of the construction sector, which is an important driver of the broader economy.
Methodology
The data is collected through monthly surveys of construction companies in Luxembourg.
Historical Context
This confidence indicator is closely monitored by policymakers and market analysts to assess the near-term economic conditions and investment climate.
Key Facts
- Luxembourg's construction industry accounts for over 5% of GDP.
- The confidence index ranges from 0 to 100, with higher values indicating more optimistic sentiment.
- The index has fluctuated between 50 and 70 over the past decade.
FAQs
Q: What does this economic trend measure?
A: This index measures the overall confidence level of construction companies in Luxembourg's economy, providing insights into the perceived state of economic activity in the construction sector.
Q: Why is this trend relevant for users or analysts?
A: The construction industry is an important driver of economic growth, and this confidence indicator offers valuable insights into the near-term outlook for investment and activity in this crucial sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of construction companies in Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this confidence indicator to assess the current and near-term economic conditions, which informs their decision-making and policy responses.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a relatively short delay, providing timely insights into the construction industry's sentiment.
Related Trends
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Luxembourg
DDOI09LUA156NWDB
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Luxembourg
LRUNTTTTLUQ156S
Harmonized Index of Consumer Prices: Accommodation Services for Luxembourg
CP1120LUM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Luxembourg
LUXCP040100IXOBM
Harmonized Index of Consumer Prices: Fruit for Luxembourg
CP0116LUM086NEST
Harmonized Index of Consumer Prices: Purchase of Vehicles for Luxembourg
CP0710LUM086NEST
Citation
U.S. Federal Reserve, Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Luxembourg (BCCICP02LUM460S), retrieved from FRED.