Car loadings Per Working Day, Prussian-Hessian and Oldenburg Railroad for Germany
Thousands of Cars, Monthly, Not Seasonally Adjusted
M0306CDEM543NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.50
Year-over-Year Change
8.80%
Date Range
1/1/1924 - 9/1/1935
Summary
This economic indicator tracks the monthly number of cars sold in the United States on a non-seasonally adjusted basis. It provides insights into consumer demand and automotive industry performance.
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 'Thousands of Cars, Monthly, Not Seasonally Adjusted' metric represents the total number of new passenger vehicles sold in the U.S. each month without adjusting for seasonal factors. It is a key indicator of consumer spending and the health of the domestic automobile market.
Methodology
The data is collected through surveys of automotive manufacturers and dealerships by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess economic conditions and consumer behavior.
Key Facts
- U.S. car sales averaged over 16 million units per month in 2022.
- Truck and SUV sales make up over 75% of the U.S. automotive market.
- Automobile manufacturing is a key component of the U.S. industrial sector.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly number of new passenger vehicles sold in the United States on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer demand, automotive industry performance, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of automotive manufacturers and dealerships by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to assess consumer spending, industrial activity, and overall economic health.
Q: Are there update delays or limitations?
A: The data is released monthly with a brief lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Thousands of Cars, Monthly, Not Seasonally Adjusted (M0306CDEM543NNBR), retrieved from FRED.