Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Euro Area (19 Countries)
BCOBLV02EZM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.80
Year-over-Year Change
-13.24%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the current order books in the construction sector for the Euro Area (19 countries). It provides valuable insights into the state of economic activity in the construction industry.
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 Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Euro Area (19 Countries) tracks the current order books in the construction sector, which is a key indicator of economic activity and future investment in the industry.
Methodology
The data is collected through surveys of businesses in the construction sector across the Euro Area.
Historical Context
This trend is widely used by economists and policymakers to monitor the health of the construction industry and inform economic policy decisions.
Key Facts
- The construction sector accounts for a significant portion of economic activity in the Euro Area.
- Order books are a leading indicator of future construction activity and investment.
- This trend has been monitored by economists and policymakers for decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the current order books in the construction sector for the Euro Area (19 countries), providing insight into the level of economic activity in the construction industry.
Q: Why is this trend relevant for users or analysts?
A: The construction sector is a crucial component of the Euro Area economy, and the order books trend is a valuable indicator of future investment and economic activity in the industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the construction sector across the Euro Area.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the health of the construction industry and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the survey-based nature of the data collection.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Euro Area (19 Countries) (BCOBLV02EZM460S), retrieved from FRED.