Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
G7PRINTO01IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.24
Year-over-Year Change
-0.10%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic indicator measures production volumes across major industrial sectors in the G7 economies, excluding construction. It provides insights into the overall state of industrial activity and economic health.
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 Volume: Economic Activity: Industry (Except Construction) for G7 series tracks output levels across a range of manufacturing, mining, and utilities industries in the world's seven largest advanced economies. It serves as a key barometer for monitoring industrial and economic performance.
Methodology
The data is collected through surveys of industrial producers and compiled by statistical agencies.
Historical Context
This indicator is closely watched by policymakers, analysts, and investors for its implications on economic growth, employment, and business investment.
Key Facts
- The G7 economies account for over 60% of global GDP.
- Industrial production makes up around 20% of total economic output in G7 countries.
- This indicator tracks output across diverse sectors like manufacturing, mining, and utilities.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks production volumes across a range of industrial sectors in the G7 economies, excluding construction. It provides insights into the overall state of industrial activity and economic performance.
Q: Why is this trend relevant for users or analysts?
A: The Production Volume: Economic Activity: Industry (Except Construction) for G7 series is a key indicator of economic health and industrial performance in the world's largest advanced economies. It is closely watched by policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial producers and compiled by statistical agencies.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, central banks, and analysts to assess the state of the industrial economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag. There may be revisions to historical data as more complete information becomes available.
Related Trends
Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for G7
G7LFEAMNTTSTSAQ
Sales: Retail trade: Car registration: Passenger cars for G7
G7SLRTCR03GPSAM
Infra-Annual Labor Statistics: Employees Total for G7
G7LFESEETTSTQ
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for G7
G7LFUN64TTSTSAQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for G7
G7LRHUADFESTQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for G7
G7LRHU24MASTSAM
Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7 (G7PRINTO01IXOBSAQ), retrieved from FRED.