Automobile Tire, Inner Tubes, Stocks for United States

M05054USM457NNBR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.66

Year-over-Year Change

-21.00%

Date Range

1/1/1921 - 7/1/1955

Summary

This economic trend measures the inventory levels of automobile tires and inner tubes held by U.S. manufacturers. It provides insight into production and supply chain dynamics within 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 Automobile Tire, Inner Tubes, Stocks metric represents the total value of inventories of these products held by domestic manufacturers. It is an important indicator of production capacity, inventory management, and broader trends in the automotive sector.

Methodology

The data is collected through surveys of U.S. manufacturing establishments.

Historical Context

This inventory metric is closely watched by economists, policymakers, and industry analysts to assess the health and outlook of the automotive supply chain.

Key Facts

  • Inventories are a key indicator of production capacity.
  • Tire and tube stocks impact automotive supply chains.
  • Data is collected through surveys of U.S. manufacturers.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of inventories of automobile tires and inner tubes held by U.S. manufacturers.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into production capacity, inventory management, and broader trends in the automotive industry, which is crucial for economists and industry analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. manufacturing establishments.

Q: How is this trend used in economic policy?

A: This inventory metric is closely watched by policymakers to assess the health and outlook of the automotive supply chain, which is an important sector of the U.S. economy.

Q: Are there update delays or limitations?

A: The data is subject to the timeliness and accuracy of the survey responses from manufacturers.

Related Trends

Citation

U.S. Federal Reserve, Automobile Tire, Inner Tubes, Stocks for United States (M05054USM457NNBR), retrieved from FRED.