Infra-Annual Labor Statistics: Labor Force Participation Rate Male: 15 Years or over for Australia
Annual, Not Seasonally Adjusted
LRACTTMAAUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.01
Year-over-Year Change
-0.99%
Date Range
1/1/1979 - 1/1/2024
Summary
This series measures the annual total motor vehicle assemblies in the United States, without seasonal adjustments. It provides insights into the production trends and manufacturing capacity of the U.S. automotive 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 annual, not seasonally adjusted total motor vehicle assemblies series tracks the total number of vehicles produced in the U.S. over a 12-month period. This metric is widely used by economists and industry analysts to understand the manufacturing output and production capacity of the domestic auto sector.
Methodology
The data is collected directly from vehicle assembly plants and aggregated by the U.S. Federal Reserve.
Historical Context
Policymakers and market participants monitor this trend to gauge the health and outlook of the U.S. manufacturing base.
Key Facts
- U.S. automakers produced over 10 million vehicles in 2021.
- Motor vehicle manufacturing accounts for over 3% of U.S. GDP.
- Annual production levels reflect domestic demand and export markets.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of motor vehicles assembled annually in the United States, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted motor vehicle assemblies metric provides insights into the manufacturing capacity and production output of the U.S. automotive industry, which is a key driver of the domestic economy.
Q: How is this data collected or calculated?
A: The data is collected directly from motor vehicle assembly plants and aggregated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and market participants monitor this trend to assess the health and outlook of the U.S. manufacturing base and make informed decisions about economic and industrial policies.
Q: Are there update delays or limitations?
A: The Federal Reserve publishes this data on a monthly basis, with a typical 1-2 month lag from the end of the reporting period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRACTTMAAUA156N), retrieved from FRED.