Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Russia
RUSBCBUTE02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-114.29%
Date Range
4/1/1993 - 10/1/2021
Summary
This economic trend measures the tendency of business activity in the construction sector in Russia. It provides insight into the overall state of the Russian economy and is closely monitored by policymakers and analysts.
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 Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Russia series tracks the subjective assessment of business activity in the construction industry. It is a leading indicator that can signal turning points in the broader Russian economy.
Methodology
The data is collected through surveys of construction firms in Russia.
Historical Context
This trend is used by economists and policymakers to gauge the health of the Russian construction sector and broader economic conditions.
Key Facts
- The series dates back to 1995.
- A value above 0 indicates positive business sentiment.
- The trend reached a low during the 2008-2009 global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the subjective assessment of business activity in the construction sector in Russia. It provides a gauge of economic conditions in the broader Russian economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is a leading indicator that can signal turning points in the Russian economy, making it closely watched by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction firms in Russia.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the health of the Russian construction sector and broader economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Russia (RUSBCBUTE02STSAQ), retrieved from FRED.