Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Turkiye
TURPROINDMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.97
Year-over-Year Change
4.81%
Date Range
1/1/1985 - 3/1/2024
Summary
This economic trend measures the production volume of the industrial sector in Turkiye, excluding construction. It provides insights into the overall health and activity of the Turkish 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 Volume: Economic Activity: Industry (Except Construction) for Turkiye trend represents the output of the manufacturing, mining, and utilities industries in the country. It is a key indicator of industrial performance and economic growth.
Methodology
The data is collected through surveys of industrial establishments and compiled by the Turkish Statistical Institute.
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to assess the overall economic conditions and make informed decisions.
Key Facts
- Turkiye's industrial production index excludes the construction sector.
- The index is a leading indicator of the overall economic performance.
- Industrial production accounts for a significant portion of Turkiye's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the industrial sector in Turkiye, excluding construction. It provides insights into the overall activity and health of the Turkish economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of industrial performance and economic growth in Turkiye. It is closely monitored by policymakers, analysts, and investors to assess the overall economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and compiled by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market participants to evaluate the state of the Turkish economy and inform decision-making on economic policies and investment strategies.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis, with occasional delays or revisions due to the nature of the survey-based collection process.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Turkiye (TURPROINDMISMEI), retrieved from FRED.