Sales: Retail Trade: Total Retail Trade: Value for Austria
Index 2015=100, Monthly, Seasonally Adjusted
AUTSLRTTO02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.87
Year-over-Year Change
1.83%
Date Range
1/1/1960 - 11/1/2023
Summary
The Index 2015=100, Monthly, Seasonally Adjusted series measures the monthly changes in seasonally adjusted retail sales of automobiles in the United States. This key economic indicator provides insight into consumer spending and the overall health of 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
This index tracks the monthly changes in retail sales of automobiles in the U.S. on a seasonally adjusted basis, with 2015 as the base year. It is a closely watched metric that reflects consumer demand and can signal broader economic trends.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this index to assess the state of the automotive sector and its influence on the broader economy.
Key Facts
- The base year for this index is 2015.
- Retail sales of automobiles account for a significant portion of overall consumer spending.
- Seasonally adjusted data helps identify underlying trends, excluding the effects of regular seasonal patterns.
FAQs
Q: What does this economic trend measure?
A: This index measures the monthly changes in seasonally adjusted retail sales of automobiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer spending and the overall health of the automotive industry, which is a key driver of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the state of the automotive sector and its influence on the broader economy, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, allowing for the inclusion of the latest information.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (AUTSLRTTO02IXOBSAM), retrieved from FRED.