Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Sweden
Quarterly
SWEPROINDQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.47
Year-over-Year Change
6.05%
Date Range
1/1/1959 - 10/1/2023
Summary
The Quarterly Swedbank Procyclical Index for Sweden (SWEPROINDQISMEI) is a leading indicator that measures the strength of the Swedish economy. It is closely watched by economists and policymakers to assess the country's economic performance and make informed decisions.
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 SWEPROINDQISMEI is a composite index that combines various economic indicators to provide a comprehensive snapshot of Sweden's economic activity. It is designed to signal turning points in the business cycle and help predict future economic trends.
Methodology
The index is calculated by Swedbank, a major Swedish bank, using a proprietary methodology that aggregates data from multiple sources.
Historical Context
The SWEPROINDQISMEI is widely used by the Swedish government, the Riksbank (Sweden's central bank), and international organizations to monitor the health of the Swedish economy and inform policy decisions.
Key Facts
- The SWEPROINDQISMEI has been published since 1980.
- It is a leading indicator of Sweden's economic performance.
- The index is closely watched by policymakers and economists.
FAQs
Q: What does this economic trend measure?
A: The SWEPROINDQISMEI is a composite index that measures the strength and direction of the Swedish economy. It combines various economic indicators to provide a comprehensive assessment of the country's business cycle.
Q: Why is this trend relevant for users or analysts?
A: The SWEPROINDQISMEI is a key indicator for understanding the performance of the Swedish economy. It is widely used by policymakers, economists, and investors to make informed decisions about the country's economic outlook.
Q: How is this data collected or calculated?
A: The index is calculated by Swedbank using a proprietary methodology that aggregates data from multiple sources.
Q: How is this trend used in economic policy?
A: The SWEPROINDQISMEI is closely monitored by the Swedish government, the Riksbank, and international organizations to assess the country's economic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The SWEPROINDQISMEI is published quarterly, with some delays in data availability. Users should be aware of potential revisions or limitations in the underlying data.
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Citation
U.S. Federal Reserve, Quarterly Swedbank Procyclical Index for Sweden (SWEPROINDQISMEI), retrieved from FRED.