Business Tendency Surveys: Employment: Economic Activity: Services: Tendency for Ireland
BVEMTE02IEM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.80
Year-over-Year Change
110.67%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Business Tendency Surveys: Employment: Economic Activity: Services: Tendency for Ireland' measures business sentiment regarding employment in the Irish services sector. This indicator provides valuable insights into the economic health and outlook of Ireland's services industry.
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 tracks the tendency of businesses in Ireland's services sector to change their employment levels. It is a forward-looking indicator that can signal changes in economic activity and labor market conditions.
Methodology
The data is collected through surveys of businesses in Ireland's services industries.
Historical Context
Policymakers and analysts use this indicator to assess the near-term outlook for the Irish economy.
Key Facts
- The series is published monthly by the U.S. Federal Reserve.
- It is part of the broader Business Tendency Surveys dataset.
- The index ranges from -100 to 100, with positive values indicating employment growth.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the tendency of businesses in Ireland's services sector to change their employment levels, providing insights into the economic outlook.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking indicator can signal changes in economic activity and labor market conditions, making it valuable for policymakers and analysts assessing the near-term outlook for the Irish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in Ireland's services industries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the near-term outlook for the Irish economy and inform their policy decisions.
Q: Are there update delays or limitations?
A: The series is published monthly by the U.S. Federal Reserve, with potential delays in data availability.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Employment: Economic Activity: Services: Tendency for Ireland (BVEMTE02IEM460S), retrieved from FRED.