Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden
SWEPROCONMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.43
Year-over-Year Change
-6.72%
Date Range
1/1/1994 - 3/1/2024
Summary
The 'Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden' series measures the production volume of the construction industry in Sweden. This economic indicator provides valuable insights into the health and activity of the Swedish construction sector.
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 production volume index for the construction industry in Sweden. It is a key indicator used by economists and policymakers to assess the overall performance and growth trends in the Swedish construction sector, which is an important driver of the country's economic activity.
Methodology
The data is collected and calculated by the Swedish national statistical agency, Statistics Sweden.
Historical Context
The construction industry production volume index is widely monitored by Swedish economic and policy institutions to inform decision-making and economic forecasting.
Key Facts
- The series is seasonally adjusted.
- The base year for the index is 2015 = 100.
- Data is reported on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This series measures the production volume of the construction industry in Sweden. It is an index that tracks the output and activity levels of the Swedish construction sector.
Q: Why is this trend relevant for users or analysts?
A: The construction industry production volume index is a key indicator of economic health and growth, as the construction sector is a major driver of economic activity in Sweden.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Swedish national statistical agency, Statistics Sweden.
Q: How is this trend used in economic policy?
A: The construction industry production volume index is closely monitored by Swedish economic and policy institutions to inform decision-making and economic forecasting.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, 'Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden' (SWEPROCONMISMEI), retrieved from FRED.