Business Tendency Surveys: Selling Prices: Economic Activity: Manufacturing: Future Tendency for Luxembourg
BSSPFT02LUM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
633.33%
Date Range
1/1/1983 - 12/1/2024
Summary
This economic trend measures manufacturing firms' expectations for future selling prices in Luxembourg. It provides insight into inflationary pressures and business conditions in the country's manufacturing 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
The Business Tendency Surveys: Selling Prices: Economic Activity: Manufacturing: Future Tendency for Luxembourg index tracks the net balance of manufacturing firms reporting expectations of higher versus lower selling prices in the coming months. It is a forward-looking indicator of price and demand dynamics in the Luxembourgish economy.
Methodology
The data is collected through survey responses from a representative sample of manufacturing firms in Luxembourg.
Historical Context
This trend is closely monitored by policymakers and analysts to assess the state of the Luxembourgish economy and inform monetary and fiscal policy decisions.
Key Facts
- The index ranges from -100 to 100, with positive values indicating net expectations of higher selling prices.
- Data is published monthly with a typical 4-6 week lag.
- Luxembourg is a leading industrial exporter, making this trend particularly relevant for its economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures manufacturing firms' expectations for future selling prices in Luxembourg. It provides insight into inflationary pressures and business conditions in the country's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking indicator is closely monitored by policymakers and analysts to assess the state of the Luxembourgish economy and inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through survey responses from a representative sample of manufacturing firms in Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge inflationary pressures and business conditions in Luxembourg's manufacturing sector, which is a key driver of the country's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 4-6 week lag, which may limit its timeliness for some applications.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Selling Prices: Economic Activity: Manufacturing: Future Tendency for Luxembourg (BSSPFT02LUM460S), retrieved from FRED.