INDICATORS OF SHORT-TERM BUSINESS STATISTICS IN THE CONTEXT OF THE RUSSIAN CONSTRUCTION INDUSTRY

A Construction industry is of great interestto business, as its development is ahead ofeconomic development in general. Drop-downor upward trend indicators in the constructionsector dynamics, starts a few blocks earlier thanin other industries. Starting a prolonged slump inthe construction industry...

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Bibliographic Details
Main Author: Olga V. Ledneva
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2016-08-01
Series:Статистика и экономика
Subjects:
Online Access:https://statecon.rea.ru/jour/article/view/444
Description
Summary:A Construction industry is of great interestto business, as its development is ahead ofeconomic development in general. Drop-downor upward trend indicators in the constructionsector dynamics, starts a few blocks earlier thanin other industries. Starting a prolonged slump inthe construction industry can serve as a signalto other industries that need to reduce the paceof investment and to create a reserve of cash in the run-up to the crisis.Construction is one of the branches of the short-term business statistics, which in turn is one of the most important economic statistics,distinguishes from the official statistics by itsdynamism and efficiency. The accuracy of the published information is reduced slightly, which can’t be said about the availability, especially forRussian business.
ISSN:2500-3925