Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Sweden
SWEPRINTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.79
Year-over-Year Change
-1.22%
Date Range
1/1/1955 - 12/1/2023
Summary
This economic trend measures the production volume of Swedish industries, excluding construction. It provides insights into the overall health and activity levels of the Swedish 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, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Sweden index tracks the output of Swedish manufacturing, mining, utilities, and other non-construction industries. This data is a key indicator of industrial and economic performance in Sweden.
Methodology
The data is collected through surveys of Swedish businesses and calculated as an index by the Swedish national statistics agency.
Historical Context
This production volume metric is widely used by economists, policymakers, and market analysts to assess the state of the Swedish economy and inform decision-making.
Key Facts
- The index has a base year of 2015 = 100.
- Data is reported on a monthly basis.
- Sweden is a major industrial economy in Europe.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of Swedish industries, excluding construction. It provides an indicator of overall industrial and economic activity in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This production volume metric is a key indicator of the health and performance of the Swedish economy, and is widely used by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish businesses and calculated as an index by the Swedish national statistics agency.
Q: How is this trend used in economic policy?
A: This production volume metric is used by policymakers and economists to assess the state of the Swedish economy and inform decision-making related to economic and industrial policy.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with minimal delays, providing timely insights into current economic conditions in Sweden.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Sweden (SWEPRINTO01IXOBM), retrieved from FRED.