Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Luxembourg
BCOBLV02LUM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-37.00
Year-over-Year Change
3.06%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the current order books in the construction sector in Luxembourg, providing insights into the state of economic activity in the 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 Luxembourg is a key indicator used by economists and policymakers to assess the health of the construction industry and broader economic conditions in the country.
Methodology
The data is collected through survey responses from businesses in the construction sector.
Historical Context
This trend is closely watched by government agencies and market analysts to inform economic policy and investment decisions.
Key Facts
- Luxembourg's construction sector accounts for over 5% of GDP.
- Order books have been above the long-term average for the past 6 quarters.
- This indicator is released monthly by the statistical agency STATEC.
FAQs
Q: What does this economic trend measure?
A: This trend measures the current order books in the construction sector in Luxembourg, providing insights into the state of economic activity in the industry.
Q: Why is this trend relevant for users or analysts?
A: The order books indicator is a key leading signal for the construction industry and broader economy, helping policymakers and investors assess current and future economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through survey responses from businesses in the construction sector.
Q: How is this trend used in economic policy?
A: This trend is closely watched by government agencies and market analysts to inform economic policy and investment decisions.
Q: Are there update delays or limitations?
A: This indicator is released monthly by the statistical agency STATEC with no significant update delays.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Luxembourg (BCOBLV02LUM460S), retrieved from FRED.