Business Tendency Surveys: Selling Prices: Economic Activity: Construction: Future Tendency for Luxembourg
BCSPFT02LUM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.70
Year-over-Year Change
32.10%
Date Range
1/1/1985 - 6/1/2025
Summary
The Business Tendency Surveys: Selling Prices: Economic Activity: Construction: Future Tendency for Luxembourg measures the expected direction of selling prices in the construction sector in Luxembourg.
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 series tracks the future tendency of selling prices in the construction industry, providing insights into inflationary pressures and economic conditions in Luxembourg. It is a leading indicator used by economists and policymakers to assess the state of the construction sector and broader economic trends.
Methodology
The data is collected through surveys of construction businesses in Luxembourg.
Historical Context
This indicator helps inform monetary and fiscal policies aimed at managing inflation and promoting economic stability.
Key Facts
- Luxembourg is a major construction market in Europe.
- The construction sector accounts for a significant portion of Luxembourg's GDP.
- Tracking selling price trends helps assess inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the expected direction of selling prices in the construction sector in Luxembourg, providing insights into inflationary pressures and economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for economists, policymakers, and market analysts as it helps assess the state of the construction industry and broader economic trends in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction businesses in Luxembourg.
Q: How is this trend used in economic policy?
A: This indicator helps inform monetary and fiscal policies aimed at managing inflation and promoting economic stability in Luxembourg.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of the survey responses from construction businesses in Luxembourg.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Selling Prices: Economic Activity: Construction: Future Tendency for Luxembourg (BCSPFT02LUM460S), retrieved from FRED.