Business Tendency Surveys: Finished Goods Stocks: Economic Activity: Manufacturing: Current for Colombia
COLBSFGLV02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-20.55
Year-over-Year Change
77.00%
Date Range
1/1/1980 - 12/1/2023
Summary
The Business Tendency Surveys: Finished Goods Stocks: Economic Activity: Manufacturing: Current for Colombia measures the current level of finished goods inventories in the Colombian 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
This indicator provides insight into the supply-demand dynamics within the Colombian manufacturing industry, which is a key component of the country's economy. Analysts use this data to assess the overall health and near-term outlook for the Colombian industrial sector.
Methodology
The data is collected through surveys of manufacturing firms in Colombia.
Historical Context
Policymakers and market participants monitor this indicator to gauge domestic production capacity and inventory levels.
Key Facts
- Colombia is the 4th largest economy in Latin America.
- Manufacturing accounts for 12% of Colombia's GDP.
- Finished goods inventories can signal future production and sales trends.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the current level of finished goods inventories held by manufacturing firms in Colombia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the supply-demand dynamics and production capacity within the Colombian industrial sector, which is crucial for assessing the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms in Colombia.
Q: How is this trend used in economic policy?
A: Policymakers and market participants monitor this indicator to gauge domestic production capacity and inventory levels, which can inform decisions about monetary policy, trade, and industrial development.
Q: Are there update delays or limitations?
A: There may be a lag of several weeks between the end of the reference period and the release of the data.
Related Trends
Balance of Payments: Portfolio Investment: Liabilities (or Net Incurrence of Liabilities) for Colombia
COLB6FAPI03CXCUQ
Use of Financial Services: Key Indicators, Household Depositors with Commercial Banks Per 1000 Adults for Colombia
COLFCDODCHANUM
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Colombia
COLCPGRLE01GPM
Use of Financial Services, Liabilities: Outstanding Deposits at Credit Unions and Financial Cooperatives for Colombia
COLFCLODUXDC
Stock Market Total Value Traded to GDP for Colombia
DDDM02COA156NWDB
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Colombia
COLCP020000GPM
Citation
U.S. Federal Reserve, Business Tendency Surveys: Finished Goods Stocks: Economic Activity: Manufacturing: Current for Colombia (COLBSFGLV02STSAM), retrieved from FRED.