Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Spain
PRCNTO01ESQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.60
Year-over-Year Change
-3.72%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the production volume of construction activity in Spain, providing insights into the health and growth of the construction sector.
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 Spain metric tracks the monthly volume of construction production in the country. It serves as an important indicator of economic activity and investment in the construction industry.
Methodology
The data is collected and calculated by Spain's national statistical agency.
Historical Context
This construction production trend is closely monitored by policymakers, investors, and industry analysts to assess the state of the Spanish economy.
Key Facts
- Construction is a key sector of the Spanish economy.
- Production volumes fluctuate with business cycles.
- Declines in construction production can signal broader economic slowdowns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production volume of the construction industry in Spain, providing insights into the activity and growth of the construction sector.
Q: Why is this trend relevant for users or analysts?
A: Construction production is a vital economic indicator, as it reflects investment, business confidence, and overall economic conditions in Spain.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Spain's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and industry analysts closely monitor this construction production trend to assess the state of the Spanish economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Spain (PRCNTO01ESQ661N), retrieved from FRED.