Production: Manufacturing: Intermediate Goods: Total for Austria
Monthly, Seasonally Adjusted
AUTPRMNIG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.50
Year-over-Year Change
-3.21%
Date Range
1/1/1960 - 9/1/2023
Summary
The Automobile Production Index measures the monthly, seasonally adjusted production of automobiles in the United States. This key indicator tracks the health and activity of the domestic automotive manufacturing 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 Automobile Production Index is a timely, high-frequency economic indicator that provides insights into the level of manufacturing activity in the U.S. auto sector. It is closely watched by economists, policymakers, and industry analysts to assess the state of the manufacturing economy.
Methodology
The index is calculated by the Federal Reserve based on monthly production data collected from automakers.
Historical Context
The Automobile Production Index is an important input for analyzing overall industrial production, consumer demand, and the performance of the broader U.S. economy.
Key Facts
- The index uses 2017 as the base year.
- Automobile production accounts for a significant portion of overall U.S. industrial output.
- The index is released monthly, with a typical 1-2 month lag.
FAQs
Q: What does this economic trend measure?
A: The Automobile Production Index measures the monthly, seasonally adjusted production of automobiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Automobile Production Index is a key indicator of manufacturing activity and economic health, providing insights into the performance of the domestic automotive industry.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve based on monthly production data collected directly from automakers.
Q: How is this trend used in economic policy?
A: The Automobile Production Index is closely monitored by policymakers, economists, and industry analysts to assess the state of the manufacturing economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly, with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Automobile Production Index (AUTPRMNIG01IXOBSAM), retrieved from FRED.