Production: Construction: Total for Japan

JPNPRCNTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.48

Year-over-Year Change

-167.95%

Date Range

2/1/1993 - 7/1/2020

Summary

The 'Production: Construction: Total for Japan' series measures the overall level of construction activity in Japan, a key indicator of economic growth and investment.

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 series tracks the monthly index of construction production in Japan, including residential, commercial, and infrastructure projects. It is widely used by economists and policymakers to assess the health of the Japanese construction industry and broader economy.

Methodology

The data is compiled by the Japanese Ministry of Economy, Trade and Industry based on surveys of construction firms.

Historical Context

Changes in this trend are closely monitored by the Bank of Japan and government agencies for insights into investment, consumer demand, and overall economic conditions.

Key Facts

  • Japan is the world's third-largest construction market.
  • Construction accounts for over 6% of Japan's GDP.
  • The construction industry employs over 5 million people in Japan.

FAQs

Q: What does this economic trend measure?

A: This series tracks the monthly index of construction production in Japan, including residential, commercial, and infrastructure projects.

Q: Why is this trend relevant for users or analysts?

A: Changes in construction output are a key indicator of economic growth, investment, and consumer demand in Japan.

Q: How is this data collected or calculated?

A: The data is compiled by the Japanese Ministry of Economy, Trade and Industry based on surveys of construction firms.

Q: How is this trend used in economic policy?

A: The Bank of Japan and government agencies closely monitor this trend for insights into the health of the Japanese economy and to inform policy decisions.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis with a typical 1-2 month lag.

Related Trends

Citation

U.S. Federal Reserve, Production: Construction: Total for Japan (JPNPRCNTO01GPSAM), retrieved from FRED.