Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Indiana
MSRSIN441 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.70
Year-over-Year Change
1142.86%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Indiana metric tracks consumer spending on motor vehicles and auto parts in Indiana. It serves as an important indicator of economic activity and consumer confidence in the state.
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 metric represents monthly retail sales figures for motor vehicle and parts dealers in the state of Indiana. It is a key data point used by economists, policymakers, and businesses to analyze trends in consumer demand and the overall health of Indiana's automotive industry.
Methodology
The data is collected through monthly surveys of retail establishments in Indiana.
Historical Context
This trend is closely monitored by state and local governments, as well as auto industry stakeholders, to inform economic policy and business decisions.
Key Facts
- Indiana is one of the top automotive manufacturing states in the U.S.
- Motor vehicle and parts sales account for a significant portion of Indiana's overall retail economy.
- This metric is a leading indicator of consumer confidence and economic health in the state.
FAQs
Q: What does this economic trend measure?
A: This metric tracks monthly retail sales figures for motor vehicle and parts dealers in the state of Indiana. It provides insights into consumer spending and demand for automobiles and related products.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic activity and consumer confidence in Indiana's automotive industry, which is a major driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments in Indiana.
Q: How is this trend used in economic policy?
A: State and local governments, as well as auto industry stakeholders, closely monitor this trend to inform economic policy and business decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical delay of 2-3 weeks. There may be seasonal and other variations that should be considered when interpreting the data.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Indiana (MSRSIN441), retrieved from FRED.