Sales: Retail Trade: Total Retail Trade: Value for Austria
Index 2015=100, Monthly, Not Seasonally Adjusted
AUTSLRTTO02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.30
Year-over-Year Change
1.16%
Date Range
1/1/1960 - 11/1/2023
Summary
The Index 2015=100, Monthly, Not Seasonally Adjusted trend measures the retail sales of automobiles in the United States. It is a key indicator of consumer spending and economic activity.
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 index tracks the monthly sales of automobiles and other motor vehicles at the retail level. It is used by economists and policymakers to assess the strength of consumer demand and the overall health of the automotive industry.
Methodology
The data is collected through surveys of automotive retailers and dealerships across the country.
Historical Context
The automobile sales index is closely monitored by the Federal Reserve and other government agencies for insights into consumer behavior and the broader economy.
Key Facts
- The base year for the index is 2015.
- Automobile sales account for a significant portion of total retail spending.
- Monthly data is released with a short lag time.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly, Not Seasonally Adjusted trend measures the monthly retail sales of automobiles and other motor vehicles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer spending and the overall health of the automotive industry, which is an important sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of automotive retailers and dealerships across the country.
Q: How is this trend used in economic policy?
A: The automobile sales index is closely monitored by the Federal Reserve and other government agencies for insights into consumer behavior and the broader economy.
Q: Are there update delays or limitations?
A: The monthly data is released with a short lag time, providing timely information to analysts and policymakers.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Not Seasonally Adjusted (AUTSLRTTO02IXOBM), retrieved from FRED.