Business Tendency Surveys: Orders Inflow: Economic Activity: Manufacturing: Tendency for Colombia
COLBSOITE02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.21
Year-over-Year Change
-11.38%
Date Range
1/1/1980 - 12/1/2023
Summary
The 'Business Tendency Surveys: Orders Inflow: Economic Activity: Manufacturing: Tendency for Colombia' measures the direction of manufacturing orders in Colombia, providing insight into the country's 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 economic trend tracks the tendency of manufacturing orders in Colombia, serving as an indicator of overall business activity and economic health. It is used by policymakers and analysts to assess the state of the Colombian manufacturing sector.
Methodology
The data is collected through business surveys conducted by the statistical agency in Colombia.
Historical Context
This metric helps inform economic policy decisions and market analysis for Colombia.
Key Facts
- Colombia is a major manufacturing hub in South America.
- Manufacturing accounts for over 12% of Colombia's GDP.
- This metric has been tracked since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the direction of manufacturing orders in Colombia, providing insight into the health of the country's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of overall business activity and economic conditions in Colombia, helping inform policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through business surveys conducted by the statistical agency in Colombia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the state of the Colombian manufacturing sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Colombian statistical agency, but there may be occasional delays or limitations in collection and reporting.
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Number of Identified Exporters to Colombia from Nevada
NVCOLA475SCEN
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COLCP120000IXOBM
Use of Financial Services: Number of Depositors at Commercial Banks for Colombia
COLFCDODCPENUM
Value of Exports to Colombia from Washington
WACOLA052SCEN
General Government Primary Net Lending/Borrowing for Colombia
COLGGXONLBGDP
Citation
U.S. Federal Reserve, Business Tendency Surveys: Orders Inflow: Economic Activity: Manufacturing: Tendency for Colombia (COLBSOITE02STSAM), retrieved from FRED.