Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Portugal
LFEAINTTPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
905,675.00
Year-over-Year Change
13.14%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures employment in Portugal's industrial sector, excluding construction. It provides insights into the health and dynamics of the country's manufacturing and production activities.
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 Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Portugal measures the number of people employed in Portugal's industrial sector, excluding the construction industry. This metric is a key indicator of economic activity and productivity in the manufacturing and production segments of the Portuguese economy.
Methodology
The data is collected through surveys and compiled by the Portuguese statistical agency.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the performance and outlook of Portugal's industrial sector.
Key Facts
- Portugal's industrial employment accounts for over 20% of total employment.
- This trend has shown moderate growth in recent years, indicating a strengthening manufacturing sector.
- Industrial employment in Portugal is a leading indicator of the country's overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels in Portugal's industrial sector, excluding the construction industry. It provides insights into the health and dynamics of the country's manufacturing and production activities.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic activity and productivity in the Portuguese industrial sector, which is a significant contributor to the country's overall economic performance. It is closely monitored by policymakers, economists, and market analysts to assess the health and outlook of this important segment of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys and compiled by the Portuguese statistical agency.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess the performance and outlook of Portugal's industrial sector, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, with potential for minor delays in availability. The limitations include the exclusion of the construction industry, which is also an important component of the Portuguese economy.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Portugal (LFEAINTTPTA647S), retrieved from FRED.