Production: Industry: Total industry: Total industry excluding construction for the European Union
EU28PRINTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.60
Year-over-Year Change
241.60%
Date Range
7/1/1976 - 1/1/2020
Summary
This economic trend measures the total industrial production in the European Union, excluding the construction sector. It provides insights into the overall manufacturing and industrial activity in the region.
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
The Production: Industry: Total industry: Total industry excluding construction for the European Union trend represents the volume of industrial output, including manufacturing, mining, and utilities, but excluding the construction sector. It is a key indicator of the health and performance of the EU's industrial economy.
Methodology
The data is collected by Eurostat through surveys of industrial producers and manufacturers across the EU member states.
Historical Context
This index is widely used by economists, policymakers, and businesses to assess the strength of the EU's industrial sector and make informed decisions.
Key Facts
- The index has a base year of 2015.
- Excludes the construction sector from the overall industrial production measure.
- Data is available monthly since January 1990.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total industrial production in the European Union, excluding the construction sector. It provides an overview of manufacturing, mining, and utilities activity in the region.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the health and performance of the EU's industrial economy, which is crucial for understanding economic growth, investment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by Eurostat through surveys of industrial producers and manufacturers across the EU member states.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and businesses use this index to assess the strength of the EU's industrial sector and make informed decisions about economic and industrial policies.
Q: Are there update delays or limitations?
A: The data is published monthly, with no significant update delays. However, the exclusion of the construction sector may limit the full representation of the EU's industrial activity.
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Citation
U.S. Federal Reserve, Production: Industry: Total industry: Total industry excluding construction for the European Union (EU28PRINTO01GYSAM), retrieved from FRED.