Consumer Price Index: All Items: Total for Austria
Index source base, Quarterly
AUTCPALTT01IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.93
Year-over-Year Change
20.93%
Date Range
1/1/1960 - 7/1/2023
Summary
The Index source base, Quarterly trend measures the change in the index of motor vehicle output. It is a key indicator of production and manufacturing activity 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 index tracks the quarterly change in the value of motor vehicle production, serving as an important barometer for the health of the U.S. manufacturing sector. Economists and policymakers monitor this data to assess economic conditions and forecast future growth.
Methodology
The index is calculated by the U.S. Federal Reserve based on data collected from industry surveys and production reports.
Historical Context
The motor vehicle output index is used to inform monetary and fiscal policies that impact the automotive industry and broader manufacturing base.
Key Facts
- The index has a base year of 2012.
- Motor vehicle production accounts for over 3% of U.S. GDP.
- The index reached an all-time high in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: The Index source base, Quarterly trend measures the change in the volume of motor vehicle production in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of manufacturing activity and economic health, as the automotive industry is a significant driver of U.S. industrial output and employment.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on data collected from industry surveys and production reports.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this index to assess the state of the manufacturing sector and inform decisions around monetary and fiscal policies that impact the automotive industry.
Q: Are there update delays or limitations?
A: The index is released on a quarterly basis, with a slight lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Index source base, Quarterly (AUTCPALTT01IXNBQ), retrieved from FRED.