Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Austria
Quarterly, Seasonally Adjusted
AUTPROINDQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.12
Year-over-Year Change
11.76%
Date Range
1/1/1955 - 7/1/2023
Summary
The Quarterly, Seasonally Adjusted Automobile Production Index measures the volume of automobile production in the United States on a quarterly basis, adjusted for seasonal variations.
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 index provides a comprehensive snapshot of the health and activity of the U.S. automobile manufacturing industry, a critical component of the broader economy. It is widely tracked by economists, policymakers, and industry analysts to gauge trends in domestic manufacturing output.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of automobile producers.
Historical Context
Fluctuations in this index are closely monitored for insights into consumer demand, industrial productivity, and macroeconomic conditions.
Key Facts
- The index has a base year of 2012=100.
- Quarterly data is available from 1972 to the present.
- The index reached an all-time high in 2016.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Automobile Production Index measures the total volume of automobile manufacturing activity in the United States on a quarterly basis, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This index provides a comprehensive gauge of the health and performance of the critical U.S. automobile manufacturing sector, offering insights into consumer demand, industrial productivity, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected directly from surveys of automobile manufacturers by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor fluctuations in this index to assess the state of the manufacturing industry, consumer spending, and the overall health of the economy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted Automobile Production Index is published with a lag, typically within a few months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (AUTPROINDQISMEI), retrieved from FRED.