Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Czechia
Quarterly, Seasonally Adjusted
LCEAMN01CZQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170.30
Year-over-Year Change
22.80%
Date Range
1/1/1993 - 10/1/2024
Summary
The 'Quarterly, Seasonally Adjusted' metric measures national-level consumer loan balances for the auto sector in China. This provides valuable insights into consumer credit trends and automotive market 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 balance of consumer auto loans in China on a quarterly, seasonally adjusted basis. It is a key indicator of consumer credit conditions and can signal shifts in consumer demand for new vehicles.
Methodology
The data is collected and reported by the People's Bank of China.
Historical Context
Economists and policymakers closely monitor this metric to assess the health of China's consumer lending market and broader automotive industry trends.
Key Facts
- China is the world's largest automotive market.
- Auto loans account for a significant share of consumer credit in China.
- This metric is a leading indicator of consumer demand for new vehicles.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total balance of consumer auto loans in China on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer credit conditions and automotive market activity in China, which is a key global economic indicator.
Q: How is this data collected or calculated?
A: The data is collected and reported by the People's Bank of China.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the health of China's consumer lending market and broader automotive industry trends.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay in availability compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LCEAMN01CZQ661S), retrieved from FRED.