Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for Finland
BSOBLV02FIM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-29.20
Year-over-Year Change
-12.05%
Date Range
1/1/1985 - 6/1/2025
Summary
The 'Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for Finland' measures the current state of order books in the Finnish manufacturing sector, providing insights into economic activity.
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 represents survey data on the current state of order books among Finnish manufacturing firms. It is a leading indicator of economic conditions, as the volume of new orders reflects near-term demand and production plans.
Methodology
The data is collected through a monthly business survey conducted by Statistics Finland.
Historical Context
This trend is closely watched by policymakers and analysts to gauge the health of the Finnish economy.
Key Facts
- Finland is a major industrialized economy in Northern Europe.
- Manufacturing accounts for around 20% of Finland's GDP.
- This indicator is released monthly by Statistics Finland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the current state of order books among manufacturing firms in Finland, providing a snapshot of economic activity in the sector.
Q: Why is this trend relevant for users or analysts?
A: The volume of new orders is a leading indicator of production and economic conditions, so this trend is closely watched by policymakers and economists to gauge the health of the Finnish economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly business survey conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the current state of the Finnish manufacturing sector and the broader economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a relatively short lag, making it a timely indicator of economic conditions.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for Finland (BSOBLV02FIM460S), retrieved from FRED.