Production: Manufacturing: Investment Goods: Total for Austria
Monthly, Not Seasonally Adjusted
AUTPRMNVG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.49
Year-over-Year Change
-5.50%
Date Range
1/1/1960 - 9/1/2023
Summary
This economic indicator measures monthly vehicle production in the U.S. without seasonal adjustments. It provides timely insights into 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 vehicle production index tracks the total volume of automobiles, light trucks, and other vehicles produced domestically on a monthly basis. This raw, unadjusted data is useful for analyzing underlying trends in the manufacturing sector.
Methodology
The data is collected through surveys of vehicle manufacturers and production facilities.
Historical Context
Policymakers and analysts use this index to monitor the health of the U.S. auto industry and make informed decisions.
Key Facts
- U.S. vehicle production reached a record high in 2021.
- The auto industry is a major driver of the U.S. economy.
- Production volumes are closely watched for signs of economic strength or weakness.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total volume of automobiles, light trucks, and other vehicles produced in the United States on a monthly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The vehicle production index provides timely, unfiltered insights into the health and activity of the U.S. manufacturing sector, particularly the auto industry, which is a major driver of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of vehicle manufacturers and production facilities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor the auto industry and make informed decisions that affect the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delays, providing a timely snapshot of production activity.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (AUTPRMNVG01IXOBM), retrieved from FRED.