Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average
CUUS0000SETA01 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.36
Year-over-Year Change
20.93%
Date Range
1/1/1984 - 1/1/2025
Summary
The Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average measures changes in the prices of new automobiles and light trucks purchased by urban consumers.
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 is a key indicator of inflationary pressures in the new vehicle market, which is an important component of consumer spending and a barometer of household purchasing power.
Methodology
The data is collected through surveys of retail establishments and calculated using a representative basket of new vehicle purchases.
Historical Context
The new vehicle CPI is closely watched by the Federal Reserve and policymakers to gauge consumer demand and guide monetary policy decisions.
Key Facts
- The new vehicle CPI is published monthly by the U.S. Bureau of Labor Statistics.
- New vehicle prices represent around 3.5% of the total CPI basket.
- The new vehicle CPI reached an all-time high in 2022 amid supply chain disruptions.
FAQs
Q: What does this economic trend measure?
A: The new vehicle CPI measures changes in the prices paid by urban consumers for new automobiles and light trucks.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of consumer inflation and purchasing power, as new vehicle sales are a significant component of household spending.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated using a representative basket of new vehicle purchases.
Q: How is this trend used in economic policy?
A: The new vehicle CPI is closely monitored by the Federal Reserve and policymakers to gauge consumer demand and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The new vehicle CPI is published monthly with no significant update delays, though it may not fully capture rapid changes in the market.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average (CUUS0000SETA01), retrieved from FRED.