Production: Construction: Total for Denmark
PRCNTO01DKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
-69.44%
Date Range
4/1/1995 - 1/1/2025
Summary
The 'Production: Construction: Total for Denmark' measures the total output of the construction industry in Denmark. It serves as a key indicator of economic activity and investment in the country's infrastructure and building sectors.
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 economic indicator tracks the overall production volumes of the Danish construction industry, encompassing both residential and non-residential building projects as well as civil engineering works. It is a closely watched metric used by economists, policymakers, and industry analysts to gauge the health and direction of the Danish economy.
Methodology
The data is collected through surveys of construction firms and compiled by national statistical agencies.
Historical Context
Changes in construction output are closely linked to broader macroeconomic trends and can influence government policies around investment, regulation, and economic planning.
Key Facts
- Denmark is one of the world's largest construction markets.
- Construction accounts for over 5% of Denmark's GDP.
- The industry employs more than 200,000 workers in Denmark.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Construction: Total for Denmark' measures the overall output and activity levels of the Danish construction industry, including residential, non-residential, and civil engineering projects.
Q: Why is this trend relevant for users or analysts?
A: Construction output is a key indicator of economic health and investment, making this metric highly relevant for policymakers, economists, and industry analysts seeking to understand Denmark's macroeconomic conditions and growth prospects.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and compiled by national statistical agencies in Denmark.
Q: How is this trend used in economic policy?
A: Changes in construction output can influence government policies around infrastructure investment, housing regulations, and broader economic planning in Denmark.
Q: Are there update delays or limitations?
A: The data is typically published on a monthly or quarterly basis, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Production: Construction: Total for Denmark (PRCNTO01DKQ657S), retrieved from FRED.