Sales: Retail Trade: Car Registration: Passenger Cars for Austria
Number, Monthly, Seasonally Adjusted
AUTSLRTCR03MLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,131.52
Year-over-Year Change
-30.39%
Date Range
1/1/1960 - 3/1/2022
Summary
The 'Number, Monthly, Seasonally Adjusted' trend measures the total number of U.S. retail sales for automotive parts and accessories stores on a monthly basis, adjusted for seasonal variations.
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 economic indicator provides insights into consumer demand and spending patterns in the automotive retail sector, which is a key component of the broader U.S. economy.
Methodology
The data is collected through surveys of retail businesses and adjusted for seasonal factors.
Historical Context
This trend is closely monitored by policymakers, analysts, and businesses to gauge the health of the automotive industry and consumer spending.
Key Facts
- Automotive parts and accessories stores account for over $60 billion in annual U.S. retail sales.
- This trend has shown steady growth since the 2008-2009 recession.
- Seasonally adjusted data helps identify underlying trends beyond typical seasonal fluctuations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of U.S. retail sales for automotive parts and accessories stores on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer demand and spending patterns in the automotive retail sector, which is a key component of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, analysts, and businesses to gauge the health of the automotive industry and consumer spending.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Number, Monthly, Seasonally Adjusted (AUTSLRTCR03MLSAM), retrieved from FRED.