Production: Manufacturing: Consumer Goods: Total for Austria
Monthly, Not Seasonally Adjusted
AUTPRMNCG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.30
Year-over-Year Change
-3.19%
Date Range
1/1/1996 - 9/1/2023
Summary
This economic trend measures the monthly automobile production index in the United States. It is a key indicator of manufacturing 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
The automobile production index tracks the volume of vehicle assembly in the U.S. It provides insight into the health of the automotive industry and broader manufacturing sector.
Methodology
The data is collected by the Federal Reserve from automakers and industry sources.
Historical Context
The index is closely monitored by policymakers, economists, and industry analysts.
Key Facts
- The index has a base year of 2012 = 100.
- U.S. automobile production peaked in 2016 at 129.4.
- Production levels fell sharply during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The automobile production index tracks the monthly volume of vehicle assembly in the United States. It is a key indicator of manufacturing activity and consumer demand.
Q: Why is this trend relevant for users or analysts?
A: The index provides insight into the health of the automotive industry and broader manufacturing sector, making it an important metric for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve from automakers and industry sources.
Q: How is this trend used in economic policy?
A: The automobile production index is closely monitored by policymakers as it reflects the strength of the manufacturing sector and consumer demand.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays, providing timely information on the state of U.S. automobile production.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (AUTPRMNCG01IXOBM), retrieved from FRED.