Sectoral Output Price Deflator for Retail Trade: New Car Dealers (NAICS 44111) in the United States
IPUHN44111T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.20
Year-over-Year Change
-180.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Retail Trade: New Car Dealers (NAICS 44111) in the United States measures the change in prices received by new car dealers. This data point is a key indicator for the automotive industry and consumer spending.
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 Sectoral Output Price Deflator tracks the average change in prices charged by new car dealers, providing insight into their pricing power and the overall economic conditions in the automotive retail sector. This metric is widely used by economists, policymakers, and industry analysts to assess market trends and consumer demand.
Methodology
The data is collected through surveys of new car dealers and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The Sectoral Output Price Deflator helps inform economic policy decisions and provides context for consumer and business confidence in the new car market.
Key Facts
- The Sectoral Output Price Deflator is published monthly by the U.S. Bureau of Economic Analysis.
- New car prices are a key component of the overall Consumer Price Index (CPI).
- This metric helps track inflationary pressures and consumer demand in the automotive industry.
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output Price Deflator for Retail Trade: New Car Dealers (NAICS 44111) measures the change in prices received by new car dealers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into pricing power and consumer demand in the automotive retail sector, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of new car dealers and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Sectoral Output Price Deflator helps inform economic policy decisions and provides context for consumer and business confidence in the new car market.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Economic Analysis, with typical lags of 4-6 weeks.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Retail Trade: New Car Dealers (NAICS 44111) in the United States (IPUHN44111T051000000), retrieved from FRED.