Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Switzerland
PRCNTO01CHQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.00
Year-over-Year Change
-8.14%
Date Range
1/1/1999 - 10/1/2023
Summary
This economic trend measures construction production volume in Switzerland, a key indicator of construction activity and economic growth.
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, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Switzerland series tracks the volume of construction production, providing insights into the state of the Swiss construction industry and overall economic conditions.
Methodology
The data is collected through surveys of construction firms and contractors.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of the Swiss economy.
Key Facts
- Construction is a major component of the Swiss economy.
- This data is released monthly by the Swiss Federal Statistical Office.
- Fluctuations in construction production can signal changes in broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of construction production in Switzerland, providing insights into the state of the construction industry and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Construction is a key sector of the Swiss economy, and changes in construction production can signal broader economic conditions, making this trend highly relevant for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and contractors in Switzerland.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the health of the Swiss economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Swiss Federal Statistical Office, with minimal update delays.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Switzerland (PRCNTO01CHQ661N), retrieved from FRED.