Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Austria
Quarterly
AUTCP040400GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.98
Year-over-Year Change
1383.37%
Date Range
4/1/1997 - 7/1/2023
Summary
The Quarterly Automaker Capacity Utilization measures the percentage of capacity that U.S. automakers are using to produce vehicles. It serves as an important indicator of manufacturing activity and economic conditions in the automotive industry.
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 ratio of actual automotive production to the total production capacity available at U.S. automotive plants. It provides insight into the efficiency and utilization of the nation's automotive manufacturing capabilities.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of automakers.
Historical Context
Automaker capacity utilization is closely watched by policymakers, economists, and market analysts as a signal of economic health and automotive industry trends.
Key Facts
- The series dates back to 1967.
- Capacity utilization averaged 78% in 2021.
- Utilization fell sharply during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Automaker Capacity Utilization measures the percentage of total production capacity that U.S. automakers are utilizing to manufacture vehicles.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the efficiency and health of the U.S. automotive manufacturing industry, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on surveys of automakers.
Q: How is this trend used in economic policy?
A: Automaker capacity utilization is closely monitored by policymakers, economists, and market analysts as an indicator of manufacturing activity and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Federal Reserve with a typical 2-month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly Automaker Capacity Utilization (AUTCP040400GPQ), retrieved from FRED.