Production: Construction: Total for Portugal
PRTPRCNTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.51
Year-over-Year Change
21.90%
Date Range
2/1/2000 - 4/1/2025
Summary
The 'Production: Construction: Total for Portugal' measures the total construction output in Portugal. This metric is a key indicator of economic activity and infrastructure investment in the country.
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
This series represents the total volume of construction work completed in Portugal, including both residential and non-residential building projects. It is a widely tracked indicator of the health and investment levels in the Portuguese construction sector.
Methodology
The data is collected through surveys of construction firms and contractors across Portugal.
Historical Context
Policymakers and analysts use this metric to assess the state of the Portuguese economy and guide fiscal and monetary policies.
Key Facts
- Portugal's construction sector accounts for over 5% of its GDP.
- Construction output fell by over 10% during the 2008-2009 recession.
- Infrastructure investment is a key priority for the Portuguese government.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total volume of construction work completed in Portugal, including both residential and non-residential building projects.
Q: Why is this trend relevant for users or analysts?
A: The construction sector is a critical driver of economic activity, and this metric provides valuable insights into investment and growth in the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms and contractors across Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the state of the Portuguese economy and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Production: Construction: Total for Portugal (PRTPRCNTO01GPSAM), retrieved from FRED.