Production: Construction: Total for France
PRCNTO01FRQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.74
Year-over-Year Change
-214.87%
Date Range
4/1/1955 - 1/1/2025
Summary
The 'Production: Construction: Total for France' trend measures the total volume of construction output in France. It is a key indicator of economic activity and investment in the French 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
This series represents the total volume of construction activity, including residential, non-residential, and civil engineering projects, across France. It is used by economists and policymakers to assess the health and direction of the French construction industry and broader economy.
Methodology
The data is collected through surveys of construction firms and calculated as an index by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
The construction sector is an important driver of economic growth, so this metric provides valuable insights for market analysts and government agencies.
Key Facts
- France is the world's sixth-largest construction market.
- Construction accounts for over 6% of France's GDP.
- The construction industry employs more than 1.5 million people in France.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of construction output in France, including residential, non-residential, and civil engineering projects.
Q: Why is this trend relevant for users or analysts?
A: The construction sector is a key driver of economic growth, so this metric provides valuable insights into the health and direction of the French economy for analysts, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and calculated as an index by the French National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: Governments and central banks monitor construction output trends to assess overall economic conditions and guide policy decisions related to investment, taxation, and regulation of the construction industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months, so there may be delays in reflecting the most recent construction activity.
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Citation
U.S. Federal Reserve, Production: Construction: Total for France (PRCNTO01FRQ657S), retrieved from FRED.