Production: Industry: Total Industry Excluding Construction for Canada
PRINTO01CAA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,421,916,666.67
Year-over-Year Change
19.55%
Date Range
1/1/1961 - 1/1/2022
Summary
This economic trend measures the total industrial production in Canada, excluding the construction sector. It provides insights into the overall health and activity of the Canadian 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 Canada trend represents the index of industrial production for the Canadian economy, with the construction sector removed. It is a key indicator used by economists and policymakers to assess the strength and performance of the Canadian industrial base.
Methodology
The data is collected and calculated by Statistics Canada through surveys and administrative sources.
Historical Context
This trend is closely watched by the Bank of Canada and other institutions to inform monetary and fiscal policies.
Key Facts
- Canada is the 10th largest industrial economy in the world.
- The industrial sector accounts for over 28% of Canada's GDP.
- Manufacturing makes up nearly two-thirds of Canada's industrial output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total industrial production in Canada, excluding the construction sector. It provides an overview of the manufacturing and industrial activity in the Canadian economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the health and performance of the Canadian industrial base, which is a crucial driver of the country's economic growth. It is closely monitored by policymakers, economists, and analysts to inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Canada through surveys and administrative sources.
Q: How is this trend used in economic policy?
A: The Bank of Canada and other institutions closely watch this trend to inform monetary and fiscal policies, as it provides insights into the overall strength and performance of the Canadian industrial economy.
Q: Are there update delays or limitations?
A: The data is typically published on a monthly basis, with some potential for minor delays. The trend may not capture all aspects of the industrial sector, as it excludes the construction industry.
Related Trends
Balance of Payments: Current Account: Expenditure for Canada
CANB6DBTT01CXCUSAQ
Production: Manufacturing: Total Manufacturing for Canada
PRMNTO01CAQ156N
Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Canada
LFACTTTTCAM647S
Sales: Retail trade: Total retail trade: Volume for Canada
CANSLRTTO01MLM
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Canada
LRAC25FECAM156S
National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Canada
CANIMPORTQDSMEI
Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Canada (PRINTO01CAA189N), retrieved from FRED.