Producer Prices Index: Economic Activities: Manufacturing: Total for Austria
Growth rate same period previous year, Quarterly
AUTPIEAMP01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.32
Year-over-Year Change
-1956.64%
Date Range
1/1/2000 - 10/1/2022
Summary
This economic trend measures the growth rate of the Quarterly Automotive Production Index compared to the same period in the previous year. It provides insight into the production and manufacturing output of 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
The Quarterly Automotive Production Index measures the total volume of automotive production, including cars, light trucks, and heavy trucks. The year-over-year growth rate in this index is an important indicator of the health and momentum of the automotive manufacturing sector.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on survey responses from automotive producers.
Historical Context
Policymakers and market analysts closely monitor this trend to assess the state of the broader manufacturing economy.
Key Facts
- The index uses 2017 as the base year.
- The automotive sector accounts for over 3% of U.S. GDP.
- Quarterly data is published with a 2-month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of the Quarterly Automotive Production Index, which tracks the total volume of automotive manufacturing output in the United States.
Q: Why is this trend relevant for users or analysts?
A: The automotive industry is a critical component of the broader U.S. manufacturing economy, so this trend provides valuable insights into production levels and economic momentum in a key sector.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of automotive producers and manufacturers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of the manufacturing sector and broader economic conditions, which can inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The quarterly data is published with a 2-month lag, so there is a delay in the most recent information. Additionally, the index uses 2017 as the base year, so historical comparisons may be limited.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (AUTPIEAMP01GYQ), retrieved from FRED.