Production: Manufacturing: Consumer Goods: Non-Durable Goods for Austria
Monthly, Not Seasonally Adjusted
AUTPRMNCG03IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.50
Year-over-Year Change
4.00%
Date Range
1/1/1996 - 10/1/2023
Summary
This trend measures the total industrial production index for motor vehicle parts manufacturers in the United States on a monthly, not seasonally adjusted basis. It provides important insights into the health and output of the auto parts 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
The total industrial production index for motor vehicle parts manufacturing tracks the overall output and activity levels of this key U.S. industry. It is a closely watched indicator for economists and policymakers assessing the state of the broader manufacturing economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of motor vehicle parts producers.
Historical Context
This index is used to inform economic and industrial policy decisions.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Motor vehicle parts manufacturing accounts for a significant portion of total U.S. industrial output.
- Trends in this index can signal changes in the broader automotive industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total industrial production index for motor vehicle parts manufacturers in the United States on a monthly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the health and output of the auto parts manufacturing sector, which is a key component of the broader U.S. industrial economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of motor vehicle parts producers.
Q: How is this trend used in economic policy?
A: This index is used by economists and policymakers to assess the state of the manufacturing economy and inform economic and industrial policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with minimal delays, providing timely insights into the motor vehicle parts manufacturing sector.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (AUTPRMNCG03IXOBM), retrieved from FRED.