Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden
PRCNTO01SEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.51
Year-over-Year Change
23.80%
Date Range
1/1/1994 - 1/1/2023
Summary
The 'Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden' series measures the volume of construction activity in Sweden, providing insights into the health 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
This economic indicator tracks the production volume of construction projects in Sweden, reflecting the level of construction activity and investment in the country. It is an important metric for analyzing the state of the Swedish economy and can inform policy decisions related to the construction industry.
Methodology
The data is collected through surveys and administrative records by the Swedish statistical agency.
Historical Context
Economists and policymakers use this construction production volume trend to assess the overall performance of the Swedish economy and guide decisions on infrastructure investment and construction-related policies.
Key Facts
- Construction is a key sector of the Swedish economy.
- This indicator reflects the level of investment in construction projects.
- The data is published monthly by the Swedish statistical agency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of construction projects in Sweden, providing insights into the level of construction activity and investment in the country.
Q: Why is this trend relevant for users or analysts?
A: This construction production volume trend is an important indicator for analyzing the state of the Swedish economy and can inform policy decisions related to the construction industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the Swedish statistical agency.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this construction production volume trend to assess the overall performance of the Swedish economy and guide decisions on infrastructure investment and construction-related policies.
Q: Are there update delays or limitations?
A: The data is published monthly, with typical update delays of a few weeks.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden (PRCNTO01SEA661N), retrieved from FRED.