Production: Industry: Total Industry Excluding Construction for Norway
PRINTO01NOQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.14
Year-over-Year Change
561.12%
Date Range
1/1/1956 - 1/1/2025
Summary
This economic trend measures the total industrial production in Norway, excluding the construction sector. It serves as a key indicator of the overall health and performance of the Norwegian 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 Norway index tracks the monthly changes in industrial output across various sectors in Norway, providing insights into the country's manufacturing, mining, and utilities activities.
Methodology
The data is collected and calculated by the Norwegian Central Bureau of Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the strength and trajectory of the Norwegian industrial economy.
Key Facts
- Norway is a major industrial economy in Europe.
- The construction sector is excluded from this index.
- The index is a valuable leading indicator of the Norwegian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total industrial production in Norway, excluding the construction sector. It provides insights into the manufacturing, mining, and utilities activities in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the overall health and performance of the Norwegian industrial economy, making it relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Norwegian Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to assess the strength and trajectory of the Norwegian industrial economy, which informs their decision-making process.
Q: Are there update delays or limitations?
A: There may be occasional delays in the data updates, and the index may not capture all aspects of the Norwegian industrial sector.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Norway (PRINTO01NOQ659S), retrieved from FRED.