Production: Industry: Total Industry Excluding Construction for Germany
PRINTO01DEA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.75
Year-over-Year Change
516.93%
Date Range
1/1/1959 - 1/1/2024
Summary
This economic indicator measures total industrial production in Germany, excluding the construction sector. It is a key metric for tracking the health and output of the German 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 Total Industry Excluding Construction for Germany index provides a comprehensive measure of industrial production activity across the country's factories, mines, and utilities. It is a widely followed indicator of the overall strength and performance of the German industrial sector.
Methodology
The data is collected and calculated by Germany's Federal Statistical Office based on monthly surveys of industrial facilities.
Historical Context
Policymakers and analysts closely monitor this industrial production index to assess the direction of the German economy and make informed decisions.
Key Facts
- Germany is the largest economy in the Eurozone.
- The industrial sector accounts for over 30% of Germany's GDP.
- This index excludes the construction industry, which has its own separate indicators.
FAQs
Q: What does this economic trend measure?
A: This index measures the total volume of industrial production in Germany, excluding the construction sector. It provides a comprehensive gauge of manufacturing, mining, and utilities output.
Q: Why is this trend relevant for users or analysts?
A: As a leading indicator of economic activity, this industrial production index is closely watched by policymakers, investors, and economists to assess the health and direction of the German economy.
Q: How is this data collected or calculated?
A: The data is collected by Germany's Federal Statistical Office through monthly surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this index to help guide decisions on monetary policy, fiscal measures, and other interventions to support the manufacturing and industrial sectors.
Q: Are there update delays or limitations?
A: The industrial production data is released on a monthly basis, with a lag of around 6-8 weeks. There may be seasonal adjustments and potential revisions to prior months' figures.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Germany (PRINTO01DEA659S), retrieved from FRED.