Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Denmark
Annual, Not Seasonally Adjusted
PRCNTO01DKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.65
Year-over-Year Change
49.55%
Date Range
1/1/1995 - 1/1/2022
Summary
This trend measures the annual, not seasonally adjusted producer price index for motor vehicle parts and accessories manufacturing in the United States. It provides important insights into manufacturing output and pricing pressures.
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 producer price index (PPI) for motor vehicle parts and accessories manufacturing is a key indicator of pricing and inflationary trends in the automotive parts industry. It tracks the average change over time in the selling prices received by domestic producers for their output.
Methodology
The U.S. Bureau of Labor Statistics collects and calculates this PPI data through surveys of manufacturing establishments.
Historical Context
Policymakers and analysts use this PPI trend to gauge overall manufacturing conditions and assess inflationary pressures in the automotive parts supply chain.
Key Facts
- The base year for this PPI index is 1982.
- Automotive parts manufacturing accounts for over $400 billion in annual U.S. economic output.
- This PPI trend has shown moderate annual increases in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted producer price index for motor vehicle parts and accessories manufacturing in the United States.
Q: Why is this trend relevant for users or analysts?
A: The motor vehicle parts PPI provides important insights into manufacturing output, pricing pressures, and overall conditions in the automotive industry supply chain.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this PPI data through surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this PPI trend to gauge manufacturing conditions and assess inflationary pressures in the automotive parts industry.
Q: Are there update delays or limitations?
A: This PPI data is published monthly with a typical 2-week lag.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PRCNTO01DKA661N), retrieved from FRED.