Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Austria
Annual, Seasonally Adjusted
AUTPROINDAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.76
Year-over-Year Change
38.80%
Date Range
1/1/1955 - 1/1/2022
Summary
The Annual, Seasonally Adjusted Automobile Production Index measures the total output of the U.S. automobile industry, adjusting for seasonal variations. It serves as a key indicator of overall manufacturing activity and consumer demand.
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 Automobile Production Index tracks the monthly production of motor vehicles, including passenger cars and light trucks, in the United States. It is a widely followed metric for assessing the health and trends within the U.S. automotive sector.
Methodology
The data is collected by the Federal Reserve through surveys of major automobile manufacturers.
Historical Context
The index is closely monitored by policymakers, economists, and industry analysts to gauge the strength of the U.S. economy and consumer spending patterns.
Key Facts
- The index is based on 1997 = 100.
- Motor vehicle production accounts for a significant portion of U.S. manufacturing output.
- The index helps track the business cycle and predict broader economic trends.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted Automobile Production Index measures the total output of the U.S. automobile industry, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of overall manufacturing activity and consumer demand, making it closely monitored by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through surveys of major automobile manufacturers.
Q: How is this trend used in economic policy?
A: The index is used by policymakers, economists, and industry analysts to gauge the strength of the U.S. economy and consumer spending patterns.
Q: Are there update delays or limitations?
A: The index is published monthly, with a short delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (AUTPROINDAISMEI), retrieved from FRED.