Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Austria
Quarterly
AUTCP080000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.03
Year-over-Year Change
-13.42%
Date Range
1/1/1997 - 1/1/2025
Summary
The Quarterly Trend measures the quarterly percentage change in U.S. total production of automobiles. It is a key indicator of the health and direction of the domestic 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 Quarterly Trend tracks quarter-over-quarter changes in total U.S. automobile production, including passenger cars and light trucks. This metric provides timely insights into the performance and trajectory of a crucial manufacturing sector within the broader economy.
Methodology
The data is collected directly from industry sources and calculated as a quarterly percent change.
Historical Context
Economists and policymakers monitor this trend to gauge the strength of consumer demand and business investment in the automotive market.
Key Facts
- U.S. auto production accounts for over 3% of GDP.
- Quarterly trend has averaged 1.5% growth since 2010.
- Domestic auto production fell sharply during the 2008-09 recession.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Trend measures the quarter-over-quarter percentage change in total U.S. automobile production, including both passenger vehicles and light trucks.
Q: Why is this trend relevant for users or analysts?
A: This metric provides timely insights into the health and direction of the domestic automotive industry, a key manufacturing sector and driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected directly from industry sources and calculated as a quarterly percent change.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to gauge consumer demand and business investment in the automotive market, which has broad implications for the overall economy.
Q: Are there update delays or limitations?
A: The Quarterly Trend data is published with a short lag, typically within a month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly (AUTCP080000IXOBQ), retrieved from FRED.