Production: Construction: Total for Czech Republic
CZEPRCNTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.32
Year-over-Year Change
-138.66%
Date Range
2/1/1995 - 5/1/2025
Summary
The 'Production: Construction: Total for Czech Republic' trend measures the total output of the construction industry in the Czech Republic. It is a key indicator of economic activity and investment in the country.
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 data series represents the volume index of construction output in the Czech Republic, including both residential and non-residential construction. It is used by economists and policymakers to assess the health of the construction sector and broader economic conditions.
Methodology
The data is collected and calculated by the Czech Statistical Office based on monthly surveys of construction companies.
Historical Context
The construction industry is an important driver of economic growth, and this metric helps inform decisions around monetary and fiscal policy.
Key Facts
- Construction accounts for around 6% of Czech GDP.
- Output declined sharply during the 2008 financial crisis.
- The industry has seen gradual recovery since 2013.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of construction output in the Czech Republic, including both residential and non-residential construction.
Q: Why is this trend relevant for users or analysts?
A: The construction industry is a key driver of economic activity, so this metric helps economists and policymakers assess the health of the broader Czech economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Czech Statistical Office based on monthly surveys of construction companies.
Q: How is this trend used in economic policy?
A: This construction output metric informs decisions around monetary and fiscal policy, as the construction industry is an important barometer of economic investment and growth.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag, so it provides relatively timely insights into construction activity.
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Citation
U.S. Federal Reserve, Production: Construction: Total for Czech Republic (CZEPRCNTO01GPSAM), retrieved from FRED.