Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Czechia
BCOBLV02CZM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.90
Year-over-Year Change
-54.59%
Date Range
2/1/1993 - 6/1/2025
Summary
The 'Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Czechia' measures the order book levels in the Czech construction industry. This indicator provides insight into the current state and near-term outlook of the construction sector, a key driver of economic growth.
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 indicator tracks the volume of new orders and work on order books for companies in the Czech construction industry. It serves as an important barometer of near-term activity and sentiment within this vital economic sector.
Methodology
The data is collected through monthly surveys of construction firms in Czechia.
Historical Context
Policymakers and analysts use this indicator to assess the health and momentum of the Czech construction industry and broader economy.
Key Facts
- The indicator ranges from 0 to 100, with higher values signaling stronger order book volumes.
- Construction is a major component of Czech GDP, accounting for around 6% of total economic output.
- Order books are a leading indicator of future construction activity and investment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the volume of new orders and work on order books for companies in the Czech construction industry.
Q: Why is this trend relevant for users or analysts?
A: It serves as an important barometer of near-term activity and sentiment within the vital Czech construction sector, providing insight into the current state and outlook of this key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of construction firms in Czechia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health and momentum of the Czech construction industry and broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal publication delays.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Czechia (BCOBLV02CZM460S), retrieved from FRED.