Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Austria
BSPRTE02ATM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.10
Year-over-Year Change
-109.29%
Date Range
1/1/1985 - 6/1/2025
Summary
The Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Austria measures the current state of the manufacturing sector in Austria. This indicator provides insight into the overall economic health and growth prospects of the Austrian economy.
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 indicator tracks the tendency of manufacturing production in Austria. It is a forward-looking measure of economic activity, helping policymakers and analysts assess the strength of the Austrian industrial sector and broader economic conditions.
Methodology
The data is collected through surveys of purchasing managers and other business leaders in the Austrian manufacturing industry.
Historical Context
This trend is closely watched by economists and policymakers to gauge the near-term trajectory of the Austrian economy.
Key Facts
- Austria is a major European manufacturing hub.
- Manufacturing accounts for over 20% of Austria's GDP.
- This indicator helps track the health of the Austrian industrial sector.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the tendency, or general direction, of manufacturing production activity in Austria. It provides a forward-looking assessment of the state of the Austrian industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This survey-based metric offers an early signal of broader economic conditions in Austria. It is closely watched by policymakers, investors, and analysts to gauge the near-term trajectory of the Austrian economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of purchasing managers and other business leaders in the Austrian manufacturing industry.
Q: How is this trend used in economic policy?
A: Policymakers at the Austrian central bank and other institutions monitor this indicator to assess the health of the manufacturing sector and make informed decisions about monetary and fiscal policy.
Q: Are there update delays or limitations?
A: This indicator is published monthly, with a short lag time. While it provides a timely assessment of current conditions, it may not fully capture more recent or rapid changes in the manufacturing sector.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Austria (BSPRTE02ATM460S), retrieved from FRED.