Business Tendency Surveys: Business Situation: Economic Activity: Manufacturing: Current for Colombia
COLBSBUCT02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.35
Year-over-Year Change
4.84%
Date Range
1/1/1980 - 5/1/2025
Summary
The Business Tendency Surveys: Business Situation: Economic Activity: Manufacturing: Current for Colombia measures perceptions of the current state of the manufacturing sector in Colombia. This indicator provides valuable insights into the health and trajectory of the Colombian 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 metric tracks the self-reported business conditions of manufacturing firms in Colombia. It serves as an important leading indicator, helping economists and policymakers assess the near-term outlook for the broader Colombian economy.
Methodology
The data is collected through monthly surveys of manufacturing companies in Colombia.
Historical Context
This indicator is closely monitored by the Central Bank of Colombia and international institutions to inform macroeconomic analysis and policy decisions.
Key Facts
- The survey has been conducted monthly since 1993.
- The indicator ranges from -100 to 100, with positive values signaling expansion.
- Colombia is a major manufacturing hub in Latin America.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the self-reported current business situation of manufacturing firms in Colombia, providing insights into the state of economic activity in the sector.
Q: Why is this trend relevant for users or analysts?
A: As a leading indicator, this metric offers valuable information about the near-term outlook for the Colombian economy, which is useful for policymakers, investors, and other stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing companies in Colombia.
Q: How is this trend used in economic policy?
A: The Central Bank of Colombia and international institutions closely monitor this indicator to inform macroeconomic analysis and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delays, providing timely insights into the state of the Colombian manufacturing sector.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Business Situation: Economic Activity: Manufacturing: Current for Colombia (COLBSBUCT02STSAM), retrieved from FRED.