Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Switzerland
PRINTO01CHA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.55
Year-over-Year Change
35.13%
Date Range
1/1/1959 - 1/1/2023
Summary
This economic trend measures production volume in Switzerland's industrial sector, excluding construction. It serves as a key indicator of overall economic activity and helps policymakers and analysts assess the health of the Swiss manufacturing industry.
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 Switzerland trend provides a comprehensive measure of production levels across a wide range of Swiss industrial sectors. It is a valuable leading indicator of broader economic conditions and can inform policy decisions related to monetary policy, trade, and industrial development.
Methodology
The data is collected through surveys of Swiss industrial firms and calculated as an index relative to a base year.
Historical Context
This trend is closely monitored by the Swiss National Bank, economists, and market analysts to gauge the strength of the Swiss economy and guide policy responses.
Key Facts
- The index is based on 2015 as the base year (2015 = 100).
- Production volume excludes the construction sector.
- Switzerland is a major industrial exporter, accounting for over 50% of GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the Swiss industrial sector, excluding construction. It provides a comprehensive gauge of overall manufacturing activity in the country.
Q: Why is this trend relevant for users or analysts?
A: The Production Volume: Economic Activity: Industry (Except Construction) for Switzerland is a key leading indicator of the health of the Swiss economy. It helps policymakers, investors, and analysts assess the strength of the country's industrial base and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swiss industrial firms and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: The Swiss National Bank closely monitors this trend to help guide its monetary policy decisions and assess the overall state of the Swiss economy. Economists and market analysts also use this data to inform their analysis and forecasts.
Q: Are there update delays or limitations?
A: There may be some delays in the release of the latest data, as it is collected through surveys of industrial firms. Additionally, the exclusion of the construction sector may limit the trend's ability to capture the full scope of Swiss industrial activity.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Switzerland (PRINTO01CHA661N), retrieved from FRED.