Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Austria
Growth rate same period previous year, Quarterly
AUTPITGCD02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.09
Year-over-Year Change
429.68%
Date Range
1/1/2001 - 10/1/2022
Summary
The 'Growth rate same period previous year, Quarterly' series measures the year-over-year change in automotive production in the United States. This key economic indicator provides insights into the health and momentum of the domestic manufacturing sector.
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 quarterly index tracks the percentage change in automotive production compared to the same quarter in the previous year. It is a vital signal of economic conditions, as the automotive industry is a major component of U.S. manufacturing output and employment.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of automotive manufacturers.
Historical Context
Policymakers and analysts monitor this series to assess the state of the business cycle and make informed decisions.
Key Facts
- The series has been published since 1972.
- Automotive production accounts for over 3% of U.S. GDP.
- The index reached its highest level of 37.4% in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: This series tracks the year-over-year percentage change in U.S. automotive production, providing insight into the health of the domestic manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: As a key indicator of manufacturing activity, this series is closely watched by policymakers, economists, and investors to assess broader economic conditions and the business cycle.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on surveys of automotive manufacturers.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this series to gauge the strength of the manufacturing sector and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of several weeks after the end of the reporting period.
Related Trends
Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Austria
LFHUADTTATA647N
Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 64 Years for Austria
LRUN64MAATQ156S
Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Austria
AUTCPHP0700GPM
People 15 Years and Over Saving at a Financial Institution in the Past Year for Austria
DDAI06ATA156NWDB
Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for Austria
SERV00ATM086NEST
Bank Non-Performing Loans to Gross Loans for Austria
DDSI02ATA156NWDB
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (AUTPITGCD02GYQ), retrieved from FRED.