Business Tendency Surveys: Employment: Economic Activity: Services: Future Tendency for Brazil
BRABVEMFT02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
-41.46%
Date Range
6/1/2008 - 6/1/2025
Summary
This economic trend measures business sentiment about future employment in the Brazilian services sector. It provides forward-looking insight into economic activity and hiring plans.
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: Employment: Economic Activity: Services: Future Tendency for Brazil is a leading indicator of the services sector's employment outlook. It gauges business executives' expectations about future hiring and staffing levels.
Methodology
The data is collected through surveys of Brazilian services firms.
Historical Context
This trend is closely watched by policymakers and analysts to assess the health of Brazil's services economy.
Key Facts
- Brazil is the largest services economy in Latin America.
- The services sector accounts for over 60% of Brazil's GDP.
- This indicator leads actual hiring trends by several months.
FAQs
Q: What does this economic trend measure?
A: This trend measures business sentiment about future employment levels in Brazil's services sector. It provides forward-looking insight into hiring plans and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator offers an early signal of the services sector's employment outlook, which is crucial for assessing the broader health of Brazil's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Brazilian services firms.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to gauge the near-term trajectory of Brazil's services economy, which is a major driver of overall economic activity.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insight into business sentiment and hiring plans.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Employment: Economic Activity: Services: Future Tendency for Brazil (BRABVEMFT02STSAM), retrieved from FRED.