Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for OECD
OECDPRINTO01IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.56
Year-over-Year Change
1.56%
Date Range
1/1/1975 - 1/1/2024
Summary
This economic indicator measures production volume across industries, excluding construction, in OECD countries. It provides insight into overall economic activity and industrial productivity.
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 OECD tracks the total output of the industrial sector, excluding construction, across OECD nations. This key metric helps economists and policymakers assess the strength and trajectory of industrial production.
Methodology
The data is compiled by the OECD from national statistical agencies.
Historical Context
Production volume is closely watched by analysts and policymakers for its implications on employment, investment, and broader macroeconomic conditions.
Key Facts
- Covers all manufacturing and mining industries, excluding construction.
- Measured as an index relative to a base year.
- Published monthly with a 1-2 month lag.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total production volume across industries, excluding construction, in OECD countries. It provides insight into overall economic activity and industrial productivity.
Q: Why is this trend relevant for users or analysts?
A: Production volume is a key metric that helps economists and policymakers assess the strength and trajectory of industrial activity, with implications for employment, investment, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is compiled by the OECD from national statistical agencies.
Q: How is this trend used in economic policy?
A: Production volume is closely watched by analysts and policymakers for its insights on the state of the industrial sector and broader macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for OECD (OECDPRINTO01IXOBSAQ), retrieved from FRED.