Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Tendency for Austria
BVDETE02ATM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.20
Year-over-Year Change
320.00%
Date Range
10/1/1996 - 6/1/2025
Summary
The 'Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Tendency for Austria' tracks business sentiment in the Austrian service sector, providing insights into current and expected economic conditions.
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 measures the tendency of service businesses in Austria to report changes in their level of economic activity. It is used by policymakers and analysts to assess the health of the Austrian service economy.
Methodology
The data is collected through a monthly survey of service-sector firms in Austria.
Historical Context
This trend is a key input for monitoring the Austrian economy and informing policy decisions.
Key Facts
- Austria is a major European economy with a large service sector.
- This indicator tracks business sentiment in the Austrian service industry.
- The data is used to assess current and expected economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tendency of service businesses in Austria to report changes in their level of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This survey-based indicator provides insights into the health of the Austrian service economy, which is a key driver of the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of service-sector firms in Austria.
Q: How is this trend used in economic policy?
A: This trend is a key input for monitoring the Austrian economy and informing policy decisions by policymakers and analysts.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with some potential for short delays in data availability.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Tendency for Austria (BVDETE02ATM460S), retrieved from FRED.