Orders: Manufacturing: Total Orders: Value for Austria
Index 2015=100, Monthly, Seasonally Adjusted
AUTODMNTO02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.47
Year-over-Year Change
5.23%
Date Range
10/1/1972 - 12/1/2018
Summary
The Index 2015=100, Monthly, Seasonally Adjusted trend measures changes in the price level of domestic automobiles. This metric is a key indicator of consumer demand and overall economic health.
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 monthly price changes for new domestic automobiles, with the base year set to 2015. It is a closely-watched gauge of consumer purchasing power and provides insights into market conditions for the automotive industry.
Methodology
The data is collected through surveys of automobile manufacturers and dealers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and consumer spending patterns.
Key Facts
- The base year for the index is 2015.
- Prices are adjusted for seasonal variations.
- The index is published on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This index measures the monthly changes in the price level of new domestic automobiles, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The domestic automobile price index is a crucial indicator of consumer purchasing power and market conditions in the automotive industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of automobile manufacturers and dealers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary pressures and consumer spending patterns, which informs economic decision-making.
Q: Are there update delays or limitations?
A: The index is published on a monthly basis, with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (AUTODMNTO02IXOBSAM), retrieved from FRED.