Quarterly, Seasonally Adjusted
AUTURMALEQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.72
Year-over-Year Change
8.12%
Date Range
1/1/1969 - 10/1/2011
Summary
The Quarterly, Seasonally Adjusted series measures total employment in the automotive industry. This key economic indicator provides insights into the health and growth of the automotive 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 Quarterly, Seasonally Adjusted employment series tracks the total number of people employed in the automotive industry on a quarterly basis. This data point is widely used by economists, policymakers, and industry analysts to assess the strength and trends within the automotive manufacturing segment of the economy.
Methodology
The data is collected through surveys of businesses in the automotive industry.
Historical Context
Trends in automotive employment are closely monitored for their implications on consumer demand, production, and broader economic conditions.
Key Facts
- Automotive industry employs over 1 million workers in the U.S.
- Employment levels fluctuate with consumer demand and production cycles.
- Quarterly data provides timely insights into industry trends.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures total employment levels in the U.S. automotive manufacturing industry on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Automotive employment is a key indicator of the health and growth of the manufacturing sector, providing insights that are widely used by economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the automotive industry.
Q: How is this trend used in economic policy?
A: Trends in automotive employment are closely monitored for their implications on consumer demand, production, and broader economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (AUTURMALEQDSMEI), retrieved from FRED.