Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Ireland
PRINTO01IEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
168.77
Year-over-Year Change
169.24%
Date Range
1/1/1976 - 1/1/2023
Summary
This economic trend measures the production volume of Irish industries, excluding construction. It provides valuable insights into the overall economic activity and performance of the Irish industrial sector.
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 Ireland trend represents the total production output of Irish industries, excluding the construction sector. This metric is a key indicator of the health and performance of the broader Irish economy, as it reflects the level of industrial activity and production.
Methodology
The data is collected and calculated by the statistical agency of Ireland.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to gauge the state of the Irish industrial economy.
Key Facts
- Ireland is a major industrialized economy in Europe.
- The industrial sector, excluding construction, accounts for a significant portion of Ireland's GDP.
- Production volume is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total production output of Irish industries, excluding the construction sector. It provides a snapshot of the overall level of economic activity in the Irish industrial economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is highly relevant for economists, policymakers, and market analysts as it offers insights into the health and performance of the Irish industrial sector, which is a key driver of the country's overall economic growth.
Q: How is this data collected or calculated?
A: The data for this trend is collected and calculated by the statistical agency of Ireland.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the state of the Irish industrial economy and make informed decisions regarding economic policies and interventions.
Q: Are there update delays or limitations?
A: There may be occasional delays in the release of this data, as it is dependent on the collection and processing timelines of the Irish statistical agency.
Related Trends
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Ireland
IRLPROCONAISMEI
Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Residence of Issuer in Ireland
IDS1YMAORIGGIE
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Ireland
IRLCP050000GPM
Harmonized Index of Consumer Prices: Beer for Ireland
CP0213IEM086NEST
Harmonized Index of Consumer Prices: Bread and Cereals for Ireland
CP0111IEM086NEST
International Merchandise Trade Statistics: Imports: Commodities for Ireland
IRLXTIMVA01CXMLM
Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Ireland (PRINTO01IEA661N), retrieved from FRED.