Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in U.S. City Average
CUUS0000SETA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.39
Year-over-Year Change
25.75%
Date Range
1/1/1993 - 1/1/2025
Summary
The Consumer Price Index (CPI) for All Urban Consumers: New and Used Motor Vehicles tracks changes in the prices of new and used vehicles in major U.S. urban areas. This metric is a key indicator of consumer spending and inflationary pressures in the automotive market.
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 CPI for New and Used Motor Vehicles is a component of the broader CPI, which measures the average change in prices paid by urban consumers for a market basket of consumer goods and services. The motor vehicles index specifically reflects price trends in both new and used private transportation, providing insights into vehicle affordability and consumer behavior.
Methodology
The Bureau of Labor Statistics collects price data from a sample of dealers and consumers to calculate this seasonally adjusted index.
Historical Context
Analysts and policymakers monitor this CPI component to assess the state of the automotive industry and its impact on overall consumer inflation.
Key Facts
- The CPI for New and Used Motor Vehicles has a base period of 1982-84=100.
- This index accounts for approximately 5.5% of the overall CPI for all items.
- Vehicle prices are a significant component of household budgets and consumer spending.
FAQs
Q: What does this economic trend measure?
A: The CPI for New and Used Motor Vehicles measures the changes in prices paid by urban consumers for new and used private vehicles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending and inflationary pressures in the automotive market, which is a key sector of the economy.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects price data from a sample of dealers and consumers to calculate this seasonally adjusted index.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this CPI component to assess the state of the automotive industry and its impact on overall consumer inflation.
Q: Are there update delays or limitations?
A: The CPI for New and Used Motor Vehicles is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: New and Used Motor Vehicles in U.S. City Average (CUUS0000SETA), retrieved from FRED.