Production: Industry: Total Industry Excluding Construction for Austria

PRINTO01ATA657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.80

Year-over-Year Change

-2.32%

Date Range

1/1/1956 - 1/1/2022

Summary

This economic indicator measures total industrial production in Austria, excluding the construction sector. It provides valuable insights into the overall health and performance of the Austrian manufacturing and industrial economy.

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: Industry: Total Industry Excluding Construction for Austria is a key economic indicator that tracks the monthly changes in the volume of industrial output, excluding the construction industry. It serves as an important gauge of the country's industrial activity and economic performance.

Methodology

The data is collected and calculated by the Austrian statistical agency based on surveys of industrial firms.

Historical Context

This trend is closely monitored by policymakers, analysts, and businesses to assess the state of the Austrian economy and guide decision-making.

Key Facts

  • Austria is a major industrial economy in Europe.
  • This indicator excludes the construction sector to focus on manufacturing and other industries.
  • The data is released monthly by the Austrian statistical agency.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the monthly changes in the volume of industrial production in Austria, excluding the construction sector.

Q: Why is this trend relevant for users or analysts?

A: This trend provides valuable insights into the overall health and performance of the Austrian manufacturing and industrial economy, which is a key driver of the country's economic growth.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Austrian statistical agency based on surveys of industrial firms.

Q: How is this trend used in economic policy?

A: This trend is closely monitored by policymakers, analysts, and businesses to assess the state of the Austrian economy and guide decision-making.

Q: Are there update delays or limitations?

A: The data is released monthly, with minimal update delays, providing timely insights into the Austrian industrial sector.

Related Trends

Citation

U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Austria (PRINTO01ATA657S), retrieved from FRED.