Real Sectoral Output for Retail Trade: Other Motor Vehicle Dealers (NAICS 4412) in the United States
IPUHN4412T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.41
Year-over-Year Change
40.21%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the real output of the other motor vehicle dealers industry (NAICS 4412) in the United States. It is an important indicator of consumer demand and activity within the broader retail trade sector.
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 real sectoral output for other motor vehicle dealers (NAICS 4412) tracks inflation-adjusted production and sales in this segment of the retail trade industry. It provides insights into consumer purchasing patterns and the overall health of the automotive retail market.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production and capacity utilization series.
Historical Context
This metric is closely watched by economists, policymakers, and industry analysts to gauge consumer behavior and the broader retail environment.
Key Facts
- Other motor vehicle dealers account for over $100 billion in annual sales in the U.S.
- This industry includes dealerships for motorcycles, boats, RVs, and other specialty vehicles.
- The real output trend is a key leading indicator of consumer spending habits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the other motor vehicle dealers industry (NAICS 4412) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer demand and purchasing behavior within the broader retail trade sector, making it a closely watched indicator for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production and capacity utilization series.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, central banks, and market analysts to gauge consumer activity and sentiment, which informs decisions on monetary policy, fiscal stimulus, and regulatory oversight.
Q: Are there update delays or limitations?
A: The real sectoral output data is published monthly by the Federal Reserve, with some lag from the reference period.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Retail Trade: Other Motor Vehicle Dealers (NAICS 4412) in the United States (IPUHN4412T010000000), retrieved from FRED.