Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Estonia
ESTBCBUTE02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-19.40
Year-over-Year Change
340.91%
Date Range
1/1/1995 - 6/1/2025
Summary
The 'Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Estonia' tracks the sentiment of Estonian construction firms regarding their current 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 survey-based indicator provides insights into the business climate and economic outlook for the Estonian construction sector. It is a valuable gauge of domestic demand and confidence within a critical industry.
Methodology
The data is collected through regular surveys of construction companies in Estonia.
Historical Context
This trend is used by policymakers and analysts to assess the health of the Estonian economy.
Key Facts
- Estonia is a major construction market in the Baltic region.
- The construction sector accounts for over 6% of Estonia's GDP.
- Business sentiment in construction is seen as a leading indicator of broader economic trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the sentiment of Estonian construction firms regarding their current business situation and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the health and outlook of a critical sector of the Estonian economy.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of construction companies in Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of domestic demand and overall economic conditions in Estonia.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Estonia (ESTBCBUTE02STSAM), retrieved from FRED.