Advance Retail Sales: Motor Vehicle and Parts Dealers
Millions of Dollars, Not Seasonally Adjusted
RSMVPDN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144,623.00
Year-over-Year Change
4.82%
Date Range
1/1/1992 - 7/1/2025
Summary
The 'Millions of Dollars, Not Seasonally Adjusted' trend measures retail sales of motor vehicle parts and dealers in the United States. This data provides insights into consumer spending patterns and the health of 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
This economic indicator tracks the total dollar value of retail sales for motor vehicle parts and dealer establishments, excluding seasonal adjustments. It is a key barometer of consumer demand and confidence, as well as the overall performance of the automotive sector.
Methodology
The data is collected through monthly surveys of a sample of motor vehicle and parts dealers across the country.
Historical Context
Retail motor vehicle sales are closely monitored by policymakers, analysts, and businesses to assess broader economic conditions and consumer trends.
Key Facts
- Motor vehicle sales account for over 20% of total U.S. retail trade.
- Retail motor vehicle sales have historically been a leading indicator of economic cycles.
- The auto industry employs over 2 million workers in the United States.
FAQs
Q: What does this economic trend measure?
A: The 'Millions of Dollars, Not Seasonally Adjusted' trend measures the total retail sales of motor vehicle parts and dealer establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer spending patterns and the overall health of the automotive industry, which is a crucial sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of motor vehicle and parts dealers across the country.
Q: How is this trend used in economic policy?
A: Retail motor vehicle sales are closely monitored by policymakers, analysts, and businesses to assess broader economic conditions and consumer trends.
Q: Are there update delays or limitations?
A: The data is reported monthly, with a typical release lag of around 2 weeks.
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Citation
U.S. Federal Reserve, Millions of Dollars, Not Seasonally Adjusted (RSMVPDN), retrieved from FRED.