US Acquisition of Other Investment Assets: Loans
Quarterly, Not Seasonally Adjusted
IEAAOILN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
279,422.00
Year-over-Year Change
785.12%
Date Range
1/1/2003 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' series measures the value of imports of automotive oil, lubricants, and greases to the United States. This metric provides insights into the health and trends of the U.S. automotive industry and broader economic activity.
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 series represents the total value of imported automotive oils, lubricants, and greases to the United States on a quarterly basis, without seasonal adjustments. It serves as an indicator of demand for automotive parts and maintenance, which can reflect broader economic conditions and consumer confidence.
Methodology
The data is collected and reported by the U.S. Census Bureau through its international trade statistics program.
Historical Context
Policymakers and market analysts use this trend to assess the state of the U.S. automotive industry and broader economic trends.
Key Facts
- The value of quarterly automotive oil, lubricant, and grease imports to the U.S. was $2.7 billion in 2022.
- Imports of these products have grown by an average of 3.5% per year over the past decade.
- The U.S. is the world's largest importer of automotive oils, lubricants, and greases.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of imported automotive oils, lubricants, and greases to the United States on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and trends of the U.S. automotive industry and broader economic activity, as it reflects demand for automotive parts and maintenance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its international trade statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the state of the U.S. automotive industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of 2-3 months after the end of the quarter.
Related Trends
US Acquisition of Debt Securities: Short term
IEAADSS
US Acquisition of Other Investment Assets: Currency and deposits
IEAAOICDN
Direct Investment Liabilities: Debt instruments
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Statistical discrepancy
IEASD
US Incurrence of Direct Investment Liabilities
IEAIDIA
US Acquisition of Other Investment Assets
IEAAOI
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (IEAAOILN), retrieved from FRED.