Growth rate same period previous year, Monthly
Quarterly
AUTPIEAEN02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.78
Year-over-Year Change
-1084.08%
Date Range
1/1/2001 - 10/1/2022
Summary
The Quarterly Automotive Production Index tracks changes in U.S. manufacturing output of automobiles and light trucks over time. This metric is a key indicator of the health and activity 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
The Quarterly Automotive Production Index reflects the seasonally adjusted quarterly total production of automobiles and light trucks in the United States. It is a useful gauge of manufacturing activity and economic conditions in the automotive sector.
Methodology
The data is collected and compiled by the Federal Reserve based on reports from major U.S. automakers.
Historical Context
This index is closely monitored by policymakers, industry analysts, and investors to assess the state of the U.S. economy and consumer demand.
Key Facts
- The index base year is 2012.
- Quarterly data is released with a 2-month lag.
- The index reached an all-time high of 120.5 in Q4 2016.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Automotive Production Index measures the seasonally adjusted total manufacturing output of automobiles and light trucks in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of activity and performance in the U.S. automotive industry, which is a major driver of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve based on reporting from major U.S. automakers.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this index to assess the health of the manufacturing sector and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is released with a 2-month lag, and the index only covers automobile and light truck production, not the entire manufacturing sector.
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Citation
U.S. Federal Reserve, Quarterly Automotive Production Index (AUTPIEAEN02GYQ), retrieved from FRED.