Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Portugal
BCOBLV02PTM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.10
Year-over-Year Change
-87.78%
Date Range
1/1/1989 - 6/1/2025
Summary
The Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Portugal measures the current order books in the Portuguese construction industry. This indicator provides insight into overall economic activity and demand conditions in the construction sector.
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 metric tracks the current levels of order books for construction firms in Portugal. It serves as a leading indicator of construction industry performance and broader economic trends, as new orders are a key driver of future activity.
Methodology
The data is collected through monthly surveys of Portuguese construction companies.
Historical Context
Policymakers and analysts use this metric to assess the health of the Portuguese construction sector and broader economy.
Key Facts
- Portugal is the 27th largest economy in the world.
- The construction industry accounts for over 5% of Portugal's GDP.
- New construction orders signal future activity in the sector.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the current level of order books for construction firms in Portugal, providing insight into overall activity and demand in the construction sector.
Q: Why is this trend relevant for users or analysts?
A: New construction orders are a leading indicator of future activity in the industry, making this metric relevant for assessing the health of the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Portuguese construction companies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the state of the Portuguese construction sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Construction: Current for Portugal (BCOBLV02PTM460S), retrieved from FRED.