Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Austria
Index 2015=100, Quarterly
AUTCCUSMA02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.09
Year-over-Year Change
10.78%
Date Range
1/1/1960 - 10/1/2023
Summary
This index measures changes in the total new automobile and light truck retail sales in the United States on a quarterly basis, with 2015 as the base year. It provides a broad indicator of consumer demand and economic activity in the automotive 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 Automobile and Light Truck Retail Sales Index tracks quarterly changes in the volume of new automobile and light truck sales in the U.S. It is a valuable gauge of consumer spending patterns and sentiment, as well as broader economic trends that influence the automotive industry.
Methodology
The data is collected through surveys of automotive retailers and manufacturers.
Historical Context
Policymakers and market analysts closely monitor this index to assess the health of the U.S. consumer economy.
Key Facts
- The index is based on 2015 as the base year with a value of 100.
- New automobile and light truck sales account for a significant portion of U.S. consumer spending.
- The index is released quarterly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly (AUTCCUSMA02IXOBQ) measures changes in the total volume of new automobile and light truck retail sales in the United States on a quarterly basis, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a valuable indicator of consumer demand and economic activity in the automotive sector, which is a significant component of the U.S. economy. Policymakers and market analysts use it to assess the health of the consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of automotive retailers and manufacturers.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this index to gauge consumer spending patterns and broader economic trends that influence the automotive industry.
Q: Are there update delays or limitations?
A: The index is released quarterly by the Federal Reserve, so there may be a delay in the most recent data being available.
Related Trends
Credit to Private Non-Financial Sector by Banks, Adjusted for Breaks, for Austria
QATPBM770A
Value of Exports to Austria from Vermont
VTAUTA052SCEN
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 55 to 64 Years for Austria
LRAC55TTATQ156S
Consumer Price Index: Harmonized Prices: Services: Total for Austria
AUTCPHPSE01GPM
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Austria
LFHU24FEATA647N
Business Tendency Surveys: Production: Economic Activity: Manufacturing: Future Tendency for Austria
BSPRFT02ATM460S
Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (AUTCCUSMA02IXOBQ), retrieved from FRED.