Consumer Price Index for All Urban Consumers: New Cars in U.S. City Average
CUUS0000SS45011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173.35
Year-over-Year Change
20.98%
Date Range
1/1/1984 - 1/1/2025
Summary
The Consumer Price Index for All Urban Consumers: New Cars in U.S. City Average measures the price changes of new automobiles purchased by urban consumers. This key economic indicator is closely watched by policymakers and analysts to gauge consumer demand and inflationary pressures.
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 new car CPI tracks the prices of a representative basket of new automobiles, including sedans, SUVs, and light trucks. It is a component of the broader Consumer Price Index (CPI), which measures changes in the prices paid by urban consumers for a market basket of consumer goods and services.
Methodology
The Bureau of Labor Statistics collects price data from a sample of new car dealers across the United States to calculate this index.
Historical Context
The new car CPI is used by the Federal Reserve and other policymakers to inform monetary policy decisions and assess the health of the consumer economy.
Key Facts
- The new car CPI is a component of the broader Consumer Price Index (CPI).
- The index tracks prices of a representative basket of new automobiles, including sedans, SUVs, and light trucks.
- The new car CPI is used by policymakers to assess consumer demand and inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The new car CPI measures the price changes of new automobiles purchased by urban consumers in the United States.
Q: Why is this trend relevant for users or analysts?
A: The new car CPI is a key economic indicator that provides insights into consumer demand and inflationary pressures, which are important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects price data from a sample of new car dealers across the United States to calculate this index.
Q: How is this trend used in economic policy?
A: The new car CPI is used by the Federal Reserve and other policymakers to inform monetary policy decisions and assess the health of the consumer economy.
Q: Are there update delays or limitations?
A: The new car CPI is published monthly by the Bureau of Labor Statistics, with some delay in the release of the data.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: New Cars in U.S. City Average (CUUS0000SS45011), retrieved from FRED.