Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Austria
Growth rate previous period, Quarterly
AUTPITGND01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.32
Year-over-Year Change
214.67%
Date Range
4/1/2000 - 10/1/2022
Summary
The Growth Rate Previous Period, Quarterly trend measures the quarter-over-quarter growth rate in the U.S. Automotive and Parts Inventory-to-Sales Ratio. This indicator provides insights into inventory management and production adjustments across 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 Automotive and Parts Inventory-to-Sales Ratio measures the relationship between inventories and sales for the U.S. automotive sector. The growth rate of this ratio on a quarterly basis offers economists and policymakers a view into production, supply chain, and demand dynamics within the auto industry.
Methodology
The data is calculated from monthly inventory and sales figures reported by U.S. automotive and parts manufacturers.
Historical Context
Tracking changes in this inventory-to-sales ratio growth helps analysts assess production, investment, and consumer demand trends in the automotive market.
Key Facts
- The inventory-to-sales ratio indicates how many months' worth of sales are in current inventory.
- Negative growth in the ratio suggests manufacturers are reducing inventories relative to sales.
- Positive growth indicates inventories are rising faster than sales.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly trend measures the quarter-over-quarter change in the U.S. Automotive and Parts Inventory-to-Sales Ratio.
Q: Why is this trend relevant for users or analysts?
A: Tracking changes in this inventory-to-sales ratio offers insights into production, supply chain, and demand dynamics within the U.S. automotive industry.
Q: How is this data collected or calculated?
A: The data is calculated from monthly inventory and sales figures reported by U.S. automotive and parts manufacturers.
Q: How is this trend used in economic policy?
A: Changes in the automotive inventory-to-sales ratio growth are monitored by economists, analysts, and policymakers to assess production, investment, and consumer demand trends in the auto market.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a short lag time between the end of the reference quarter and the data release.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (AUTPITGND01GPQ), retrieved from FRED.