Real Imports of Goods and Services for Estonia
Annual, Not Seasonally Adjusted
NMRXDCESA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
377,263.17
Year-over-Year Change
39.32%
Date Range
1/1/1995 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted series measures the retail sales of motor vehicle and parts dealers in the United States. This metric is a key indicator of consumer demand and economic activity.
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 series represents the total dollar value of retail sales by establishments primarily engaged in retailing new and used vehicles, as well as parts and accessories for automobiles. It is a closely watched economic indicator that provides insight into consumer confidence and discretionary spending.
Methodology
The data is collected through monthly surveys of a sample of businesses by the U.S. Census Bureau.
Historical Context
Economists and policymakers analyze this series to assess the health of the automotive industry and broader consumer economy.
Key Facts
- Motor vehicle and parts sales account for over 20% of total U.S. retail sales.
- This series has shown steady growth since the 2008-2009 recession.
- Vehicle sales are a leading indicator of consumer confidence and economic momentum.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series measures the total retail sales of motor vehicle and parts dealers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand, spending patterns, and the overall health of the automotive industry and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this series to assess consumer confidence, discretionary spending, and the state of the automotive industry, which has significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 4-6 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NMRXDCESA), retrieved from FRED.