Consumer Price Index for All Urban Wage Earners and Clerical Workers: Motor Vehicle Maintenance and Repair in U.S. City Average
This dataset tracks consumer price index for all urban wage earners and clerical workers: motor vehicle maintenance and repair in u.s. city average over time.
Latest Value
440.04
Year-over-Year Change
7.23%
Date Range
1/1/1967 - 7/1/2025
Summary
The Consumer Price Index for All Urban Wage Earners and Clerical Workers: Motor Vehicle Maintenance and Repair in U.S. City Average tracks changes in the cost of maintaining and repairing personal vehicles over time, providing insights into a key household expense.
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 price changes for repair, maintenance, and other services related to motor vehicles, such as labor, parts, and equipment. It is a subcomponent of the broader Consumer Price Index and helps economists and policymakers understand inflationary pressures in the auto services sector.
Methodology
The data is collected through surveys of consumers and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in motor vehicle maintenance and repair costs are closely monitored by economists and policymakers to assess the overall state of consumer finances and automotive industry conditions.
Key Facts
- The index has a base year of 1982-1984.
- Motor vehicle maintenance and repair accounts for over 3% of the total CPI basket.
- Prices for this category have risen at a faster rate than overall inflation in recent years.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices consumers pay for maintaining and repairing their personal motor vehicles, including labor, parts, and equipment.
Q: Why is this trend relevant for users or analysts?
A: Trends in motor vehicle maintenance and repair costs are important indicators of consumer financial health and automotive industry conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this index to assess inflationary pressures and the overall state of consumer finances.
Q: Are there update delays or limitations?
A: The index is published monthly with no significant update delays, providing timely information on this important economic indicator.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Wage Earners and Clerical Workers: Motor Vehicle Maintenance and Repair in U.S. City Average (CWSR0000SETD), retrieved from FRED.