Tonnage of Vessels Under Construction for Germany
Q02100DEQ561NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
347.80
Year-over-Year Change
-4.76%
Date Range
4/1/1889 - 4/1/1939
Summary
The 'Tonnage of Vessels Under Construction for Germany' measures the total gross tonnage of ships currently being built in German shipyards. This metric provides insight into the country's shipbuilding industry and future maritime trade capacity.
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 tracks the total gross tonnage of vessels, measured in gross register tons (GRT), that are currently under construction in Germany. It is an important indicator of the country's shipbuilding capabilities and potential future supply of cargo and passenger ships.
Methodology
The data is collected and reported quarterly by the German Statistical Office.
Historical Context
Policymakers and maritime analysts use this metric to assess Germany's shipbuilding industry and make projections about the nation's future shipping capacity and international trade.
Key Facts
- Germany is one of the world's leading shipbuilding nations.
- The total tonnage of ships under construction peaked in 2008 at over 6 million GRT.
- Shipbuilding is an important part of Germany's manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: The 'Tonnage of Vessels Under Construction for Germany' measures the total gross tonnage of ships currently being built in German shipyards.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Germany's shipbuilding industry and future maritime trade capacity, which is of interest to policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the German Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and maritime analysts use this metric to assess Germany's shipbuilding industry and make projections about the nation's future shipping capacity and international trade.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Tonnage of Vessels Under Construction for Germany (Q02100DEQ561NNBR), retrieved from FRED.