Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Canada
PRINTO01CAA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.57
Year-over-Year Change
14.15%
Date Range
1/1/1961 - 1/1/2023
Summary
This economic trend measures the production volume of Canadian industries, excluding construction. It provides insights into the overall economic activity and performance of the manufacturing and service sectors.
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 Volume: Economic Activity: Industry (Except Construction) for Canada trend represents the monthly changes in production levels across a wide range of Canadian industries. It is a key indicator of the health and dynamics of the Canadian economy, excluding the construction sector.
Methodology
The data is collected through surveys of Canadian businesses and compiled by Statistics Canada.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the broader economic conditions and guide policy decisions.
Key Facts
- Production volume excludes the construction sector.
- Data is collected through business surveys by Statistics Canada.
- Trend is a key indicator of overall economic performance in Canada.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly changes in production volumes across a wide range of Canadian industries, excluding the construction sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and dynamics of the Canadian economy, helping policymakers, economists, and market analysts assess overall economic conditions and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Canadian businesses and compiled by Statistics Canada.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and market analysts to assess broader economic conditions and guide policy decisions in Canada.
Q: Are there update delays or limitations?
A: The data is published monthly by Statistics Canada, with typical delays of a few weeks between the reference period and the data release.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Canada (PRINTO01CAA661N), retrieved from FRED.