Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Luxembourg
Quarterly, Seasonally Adjusted
LUXPREND401IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.36
Year-over-Year Change
-6.74%
Date Range
1/1/2000 - 1/1/2024
Summary
The Quarterly, Seasonally Adjusted series measures the Producer Price Index (PPI) for Luxury Vehicle Sales at Retail. This important economic indicator tracks changes in wholesale prices received by domestic producers, providing insights into inflationary pressures.
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 Producer Price Index for Luxury Vehicle Sales at Retail is a key statistic that reflects the wholesale price levels of luxury vehicles sold to consumers. It is a valuable leading indicator for analysts and policymakers monitoring trends in consumer demand, auto industry health, and broader price dynamics.
Methodology
The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
This PPI series is closely watched by the Federal Reserve and other economic institutions to assess the state of the luxury auto market and its impact on overall inflation.
Key Facts
- The PPI for Luxury Vehicle Sales measures wholesale price changes for high-end automobiles.
- Luxury vehicle sales are an important component of overall consumer spending.
- The Federal Reserve closely monitors this index as an indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the Producer Price Index (PPI) for Luxury Vehicle Sales at Retail, reflecting wholesale price levels for high-end automobiles.
Q: Why is this trend relevant for users or analysts?
A: This PPI series is a valuable leading indicator for analysts and policymakers monitoring trends in consumer demand, auto industry health, and broader price dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic institutions closely watch this PPI series to assess the state of the luxury auto market and its impact on overall inflation.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LUXPREND401IXOBSAQ), retrieved from FRED.