Production: Industry: Total Industry Excluding Construction for Norway
NORPRINTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.16
Year-over-Year Change
-241.95%
Date Range
2/1/1955 - 4/1/2025
Summary
This economic trend measures total industrial production in Norway, excluding the construction sector. It is a key indicator of the overall health and activity of the Norwegian industrial economy.
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 Excluding Construction for Norway metric provides a comprehensive view of industrial output in the country, capturing manufacturing, mining, and utilities while excluding the construction industry. It is a valuable gauge of the broader industrial economy and its performance.
Methodology
The data is collected by Norway's national statistical agency through surveys of industrial firms.
Historical Context
This metric is closely watched by policymakers, analysts, and investors to assess the state of the Norwegian industrial sector and its implications for the broader economy.
Key Facts
- Norway is a major industrial economy in Europe.
- This metric excludes the construction sector, which can be volatile.
- Industrial production is a critical driver of Norway's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total industrial production in Norway, excluding the construction sector. It provides a comprehensive view of manufacturing, mining, and utilities output.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and performance of the Norwegian industrial economy, which is a crucial driver of the country's GDP.
Q: How is this data collected or calculated?
A: The data is collected by Norway's national statistical agency through surveys of industrial firms.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors closely monitor this metric to assess the state of the Norwegian industrial sector and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by Norway's statistical agency, with minimal delays. The metric may be subject to revisions over time as more complete information becomes available.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Norway (NORPRINTO01GPSAM), retrieved from FRED.