Consumer Price Index for All Urban Wage Earners and Clerical Workers: Motor Vehicle Parts and Equipment in U.S. City Average
This dataset tracks consumer price index for all urban wage earners and clerical workers: motor vehicle parts and equipment in u.s. city average over time.
Latest Value
187.25
Year-over-Year Change
2.98%
Date Range
1/1/1991 - 7/1/2025
Summary
The Consumer Price Index for All Urban Wage Earners and Clerical Workers: Motor Vehicle Parts and Equipment in U.S. City Average tracks changes in the retail prices of motor vehicle parts and equipment. This metric is a key indicator of consumer inflation within the automotive sector.
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 measures the change in prices paid by urban consumers for a representative basket of motor vehicle parts and equipment. It is a component of the overall Consumer Price Index and provides insight into price trends affecting automobile ownership and maintenance costs.
Methodology
The data is collected through surveys of retail establishments and calculated using a weighted average of price changes.
Historical Context
Policymakers and analysts monitor this index to assess inflationary pressures and the impact on consumer budgets.
Key Facts
- The index has a base year of 1982-84=100.
- Prices are collected from a sample of retail outlets nationwide.
- The index is published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the retail prices of motor vehicle parts and equipment paid by urban consumers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures affecting the automotive sector, which is important for understanding consumer spending patterns and the overall cost of vehicle ownership.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess inflationary pressures and the impact on consumer budgets, which informs decisions around monetary policy and fiscal measures.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Wage Earners and Clerical Workers: Motor Vehicle Parts and Equipment in U.S. City Average (CWSR0000SETC), retrieved from FRED.