Nominal Imports of Goods and Services for Germany
Annual, Not Seasonally Adjusted
NMXDCDEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,630,646.00
Year-over-Year Change
58.96%
Date Range
1/1/1991 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted series measures the dollar value of new motor vehicle retail sales, excluding dealer and fleet sales. This metric provides insight into consumer demand for automobiles and the overall health of the retail sector.
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, Not Seasonally Adjusted series represents the total value of new motor vehicle sales to individual consumers, excluding bulk sales to dealers and fleet operators. This data point is a key economic indicator used by analysts to assess consumer confidence and the broader state of the retail industry.
Methodology
The data is collected through surveys of motor vehicle dealerships and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and investors monitor this series to gauge consumer spending patterns and make informed decisions about fiscal and monetary policies.
Key Facts
- The series dates back to 1967.
- Motor vehicle sales account for a significant portion of overall retail spending.
- Seasonal variations in sales are removed to provide a clearer picture of long-term trends.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series measures the total dollar value of new motor vehicle retail sales, excluding dealer and fleet sales.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer demand for automobiles and the overall health of the retail sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of motor vehicle dealerships and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor this series to gauge consumer spending patterns and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a lag of approximately two months from the end of the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NMXDCDEA), retrieved from FRED.