Manufacturers' New Orders: Motor Vehicle Bodies, Trailers, and Parts
ABTPNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,050.00
Year-over-Year Change
1.01%
Date Range
2/1/1992 - 6/1/2025
Summary
This economic indicator tracks new orders received by manufacturers of motor vehicle bodies, trailers, and parts. It serves as an important gauge of demand and production in the automotive industry.
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 Manufacturers' New Orders: Motor Vehicle Bodies, Trailers, and Parts metric measures the total value of new orders placed with manufacturing establishments for motor vehicle bodies, trailers, and related parts. It is a key indicator of economic activity and production capacity in the automotive sector.
Methodology
The data is collected through surveys of manufacturing establishments and compiled by the U.S. Census Bureau.
Historical Context
This indicator is closely watched by policymakers, industry analysts, and investors to assess the health and trajectory of the automotive industry.
Key Facts
- New orders for motor vehicle bodies, trailers, and parts increased by 1.4% in the most recent month.
- This indicator has shown steady growth over the past year, signaling robust demand in the automotive sector.
- The automotive industry accounts for a significant portion of overall U.S. manufacturing activity.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks new orders received by manufacturers of motor vehicle bodies, trailers, and related parts. It serves as a gauge of demand and production in the automotive industry.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers, industry analysts, and investors as it provides insights into the health and trajectory of the automotive sector, a key component of the U.S. manufacturing economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to assess the overall state of the manufacturing sector and make informed decisions regarding economic policies and interventions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of several weeks between the reference period and the publication of the latest figures.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Motor Vehicle Bodies, Trailers, and Parts (ABTPNO), retrieved from FRED.