Manufacturers' New Orders: Motor Vehicles and Parts
AMVPNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66,075.00
Year-over-Year Change
-0.03%
Date Range
2/1/1992 - 6/1/2025
Summary
The Manufacturers' New Orders: Motor Vehicles and Parts trend measures the total value of new orders received by U.S. manufacturers of motor vehicles and motor vehicle parts. It is a key indicator of economic activity and consumer demand 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
This series tracks the monthly changes in new orders placed with U.S. manufacturers for motor vehicles and related parts. It provides insight into production plans, inventories, and sales expectations within the auto industry, which is a significant component of the overall U.S. economy.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this trend to assess the health of the automotive sector and broader economic conditions.
Key Facts
- Motor vehicles and parts account for over 3% of U.S. GDP.
- New orders reached a record high of $71.7 billion in March 2021.
- The auto industry employs over 1 million workers in the United States.
FAQs
Q: What does this economic trend measure?
A: The Manufacturers' New Orders: Motor Vehicles and Parts trend measures the total value of new orders received by U.S. manufacturers of motor vehicles and motor vehicle parts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into production plans, inventories, and sales expectations within the auto industry, which is a significant component of the overall U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the health of the automotive sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Manufacturers' New Orders: Motor Vehicles and Parts (AMVPNO), retrieved from FRED.