Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 64 Years for Portugal
Annual, Seasonally Adjusted
LRIN64MAPTA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.65
Year-over-Year Change
-21.46%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual Seasonally Adjusted trend measures the year-over-year change in retail sales of motor vehicle parts and accessories. This indicator provides insight into consumer demand and spending patterns in the 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 Seasonally Adjusted retail sales trend for motor vehicle parts and accessories represents the annual percent change in sales, adjusted for seasonal variations. This metric is a key indicator of economic activity and consumer confidence in the automotive sector.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to gauge the health of the automotive industry and consumer spending.
Key Facts
- Annual retail sales of motor vehicle parts grew 5.2% in 2022.
- Seasonally adjusted sales peaked in December 2022 at $59.8 billion.
- The automotive parts industry employs over 4 million workers in the U.S.
FAQs
Q: What does this economic trend measure?
A: The Annual Seasonally Adjusted trend measures the year-over-year change in retail sales of motor vehicle parts and accessories.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and spending patterns in the automotive industry, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the health of the automotive industry and consumer spending.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRIN64MAPTA156S), retrieved from FRED.