Intermediate Inputs Intensity for Manufacturing: Motor Vehicle Parts Manufacturing (NAICS 3363) in the United States
IPUEN3363P060000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.79
Year-over-Year Change
-0.08%
Date Range
1/1/1987 - 1/1/2022
Summary
This economic trend measures the intensity of intermediate inputs used in the production of motor vehicle parts manufacturing in the United States. It provides insights into the supply chain dynamics and cost structure of this key manufacturing industry.
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 Intermediate Inputs Intensity for Manufacturing: Motor Vehicle Parts Manufacturing (NAICS 3363) in the United States tracks the ratio of intermediate inputs to the total value of production in this industry. It serves as an indicator of the reliance on supplier inputs and the degree of vertical integration in the motor vehicle parts manufacturing process.
Methodology
The data is calculated by the U.S. Federal Reserve using production and input cost information from industry surveys.
Historical Context
This trend is closely monitored by policymakers and analysts to assess the competitiveness and cost pressures facing the U.S. automotive manufacturing sector.
Key Facts
- The intermediate inputs intensity ratio ranges from 0 to 1, with higher values indicating greater reliance on supplier inputs.
- This trend has fluctuated between 0.60 and 0.75 over the past decade, reflecting the capital-intensive nature of motor vehicle parts production.
- Changes in the intermediate inputs intensity can signal shifts in the automotive industry's supply chain and production strategies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of intermediate inputs to total production value in the motor vehicle parts manufacturing industry (NAICS 3363) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the supply chain dynamics and cost structure of the U.S. automotive manufacturing sector, which is a key driver of economic activity and employment.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this trend using production and input cost information from industry surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the competitiveness and cost pressures facing the U.S. automotive manufacturing industry, which has important implications for trade, investment, and employment policies.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve with a typical lag of 1-2 months. There may be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Intermediate Inputs Intensity for Manufacturing: Motor Vehicle Parts Manufacturing (NAICS 3363) in the United States (IPUEN3363P060000000), retrieved from FRED.