Car loadings Per Working Day, Prussian-Hessian and Oldenburg Railroad for Germany
M0306ADEM543NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.50
Year-over-Year Change
-0.80%
Date Range
12/1/1904 - 12/1/1913
Summary
This economic indicator tracks the daily volume of rail freight transportation of automobiles on the Prussian-Hessian and Oldenburg Railroad in Germany. It provides insights into the production and logistics of 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 'Car loadings Per Working Day' metric measures the number of rail cars loaded with automobiles on a typical working day across the Prussian-Hessian and Oldenburg railroad network in Germany. This data point serves as a proxy for automobile production, transportation, and industrial activity.
Methodology
The data is collected directly from rail operators and logistics providers.
Historical Context
This indicator is used by economists and policymakers to monitor the health of the German automotive manufacturing and distribution sectors.
Key Facts
- Germany is one of the world's largest automobile manufacturers.
- Rail freight is a critical mode of transportation for the German auto industry.
- This indicator provides a timely snapshot of production and logistics trends.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the daily volume of rail freight transportation of automobiles on the Prussian-Hessian and Oldenburg Railroad in Germany.
Q: Why is this trend relevant for users or analysts?
A: This data point serves as a proxy for automobile production, transportation, and industrial activity, providing insights into the health of the German automotive manufacturing and distribution sectors.
Q: How is this data collected or calculated?
A: The data is collected directly from rail operators and logistics providers.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to monitor the German automotive industry and inform decision-making.
Q: Are there update delays or limitations?
A: The data is reported in a timely manner, with minimal delays, and provides a reliable snapshot of rail freight transportation for the German auto industry.
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Citation
U.S. Federal Reserve, Car loadings Per Working Day, Prussian-Hessian and Oldenburg Railroad for Germany (M0306ADEM543NNBR), retrieved from FRED.