Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Hungary

BCOBLV02HUM460S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-50.00

Year-over-Year Change

31.58%

Date Range

1/1/1996 - 6/1/2025

Summary

The Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Hungary measures the current state of order books in the Hungarian construction industry, providing insights into 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 survey-based indicator tracks the current order book levels of Hungarian construction firms, which is a key measure of demand and activity in the construction sector. It is used by economists and policymakers to assess the health of the broader Hungarian economy.

Methodology

The data is collected through surveys of Hungarian construction companies.

Historical Context

The order book indicator is closely watched by the Hungarian government and central bank to help guide macroeconomic policy decisions.

Key Facts

  • Hungary is a major construction market in Central Europe.
  • Construction accounts for over 5% of Hungary's GDP.
  • Order book levels are a leading indicator of construction industry performance.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the current order book levels of construction firms in Hungary, providing insights into demand and activity in the construction sector.

Q: Why is this trend relevant for users or analysts?

A: The order book indicator is a key measure of the health of the Hungarian construction industry and broader economy, and is closely watched by policymakers.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Hungarian construction companies.

Q: How is this trend used in economic policy?

A: The Hungarian government and central bank monitor this indicator to help guide macroeconomic policy decisions.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis with minimal delay, providing timely insights into construction industry conditions.

Related Trends

Citation

U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Hungary (BCOBLV02HUM460S), retrieved from FRED.