Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Canada
CANBSEMFT02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
-69.84%
Date Range
7/1/1998 - 1/1/2025
Summary
The 'Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Canada' tracks Canadian manufacturers' expectations for future employment levels, providing insights into economic conditions and confidence.
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 reflects manufacturing firms' views on their expected employment outlook in the coming months. It serves as an important forward-looking gauge of economic activity and can help policymakers and analysts assess the health of the Canadian manufacturing sector.
Methodology
The data is collected through a survey of Canadian manufacturing businesses.
Historical Context
This indicator is closely watched by economists and policymakers to understand emerging trends in the Canadian economy.
Key Facts
- The survey has been conducted monthly since 1956.
- A positive value indicates expected employment growth, while a negative value signals expected declines.
- The indicator is a component of the OECD's Composite Leading Indicator for Canada.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Canadian manufacturers' expectations for future employment levels, providing insights into economic conditions and confidence.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking gauge of the manufacturing sector's health is closely watched by economists and policymakers to assess emerging trends in the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Canadian manufacturing businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to understand the outlook for the Canadian manufacturing sector and the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Canada (CANBSEMFT02STSAQ), retrieved from FRED.