Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Slovak Republic

SVKBCBUTE02STSAM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

27.90

Year-over-Year Change

-647.06%

Date Range

8/1/1993 - 6/1/2025

Summary

This economic trend measures the business tendency of construction firms in Slovakia, providing insights into the country's construction sector and overall economic activity.

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 Slovak Republic tracks the self-reported economic outlook of construction companies in Slovakia. It serves as an important indicator of confidence and expected conditions in the construction industry, which is a key driver of economic growth.

Methodology

The data is collected through survey responses from construction firms in Slovakia.

Historical Context

This trend is used by policymakers and analysts to gauge the health of the Slovak construction sector and broader economic conditions.

Key Facts

  • The survey has been conducted monthly since January 2000.
  • The index ranges from -100 to 100, with positive values indicating an optimistic outlook.
  • Construction is a key industry, accounting for around 7% of Slovakia's GDP.

FAQs

Q: What does this economic trend measure?

A: This trend measures the self-reported business situation and economic activity outlook of construction firms in Slovakia.

Q: Why is this trend relevant for users or analysts?

A: The construction industry is a crucial driver of economic growth, and this trend provides valuable insights into the confidence and expectations of construction companies in Slovakia.

Q: How is this data collected or calculated?

A: The data is collected through monthly survey responses from construction firms in Slovakia.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to gauge the health of the Slovak construction sector and broader economic conditions, which can inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published monthly, with no known significant update delays or limitations.

Related Trends

Citation

U.S. Federal Reserve, Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Slovak Republic (SVKBCBUTE02STSAM), retrieved from FRED.