Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Austria
Monthly, Seasonally Adjusted
AUTPREND401IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
174.47
Year-over-Year Change
-8.19%
Date Range
1/1/1996 - 3/1/2024
Summary
The Automaker Production Indices measure the monthly output of the U.S. automotive industry, providing a key indicator of economic activity and consumer demand.
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 seasonally adjusted index tracks the production volumes of major U.S. automakers. It serves as an important barometer for monitoring the health and trends within the automotive sector, which is a significant driver of the broader economy.
Methodology
The data is collected and calculated by the Federal Reserve based on automaker production reports.
Historical Context
Automaker production levels are closely watched by policymakers, analysts, and industry stakeholders for insights into consumer spending, business investment, and macroeconomic conditions.
Key Facts
- The index has a base year of 2012 = 100.
- Automotive manufacturing accounts for over 3% of U.S. GDP.
- Production levels declined sharply during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The Automaker Production Indices track the monthly output volumes of major U.S. automotive manufacturers, providing a gauge of activity in the domestic auto industry.
Q: Why is this trend relevant for users or analysts?
A: As a key indicator of industrial production and consumer demand, the automaker indices are closely monitored by economists, policymakers, and industry stakeholders to assess the health of the broader economy.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and calculates the automaker production indices based on reporting from major U.S. automotive manufacturers.
Q: How is this trend used in economic policy?
A: Automaker production levels provide valuable insights into consumer spending, business investment, and overall economic conditions, informing policy decisions by the Federal Reserve and other government agencies.
Q: Are there update delays or limitations?
A: The automaker production indices are released on a monthly basis with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (AUTPREND401IXOBSAM), retrieved from FRED.