Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Austria
Annual, Seasonally Adjusted
AUTPROCONAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.16
Year-over-Year Change
28.71%
Date Range
1/1/1996 - 1/1/2023
Summary
The Annual, Seasonally Adjusted series measures the total production of automobiles in the United States. This metric is a key indicator of economic activity and consumer demand in 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 Annual, Seasonally Adjusted series tracks the total volume of automobile production, including passenger vehicles and light trucks, across the United States. This data is used by economists and policymakers to assess the health and performance of the domestic automotive sector.
Methodology
The data is collected by the Federal Reserve through surveys of major automobile manufacturers.
Historical Context
Automobile production is closely watched as it influences employment, consumer spending, and broader economic trends.
Key Facts
- U.S. automobile production reached a record high in 2016.
- The automotive industry accounts for over 3% of total U.S. employment.
- Automobile sales are a leading indicator of consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the total production of automobiles in the United States, including passenger vehicles and light trucks.
Q: Why is this trend relevant for users or analysts?
A: Automobile production is a key indicator of economic activity and consumer demand in the automotive industry, which has significant impacts on employment, spending, and broader economic trends.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through surveys of major automobile manufacturers.
Q: How is this trend used in economic policy?
A: Automobile production data is closely monitored by economists and policymakers to assess the health of the domestic automotive sector and its influence on the broader economy.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically within a few weeks of the end of the reporting period.
Related Trends
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Austria
AUTCP040400GPM
Bank Deposits to GDP for Austria
DDOI02ATA156NWDB
Leading Indicators OECD: Component series: Employment - Unemployment: Original series for Austria
AUTLOCOEMORSTSAM
Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Austria
AUTCP030000GPM
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Austria
LFAC64TTATQ647S
Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Austria
AUTCP030000IXNBM
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (AUTPROCONAISMEI), retrieved from FRED.