Reformulated Gasoline Blendstock for Oxygenate Blending (RBOB) Prices: Regular Gasoline: Los Angeles
Monthly
MRGASLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.24
Year-over-Year Change
-5.73%
Date Range
6/1/2003 - 7/1/2025
Summary
The 'Monthly' trend measures the level of total motor vehicle retail sales, providing insight into consumer spending and broader economic conditions.
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 'Monthly' trend represents total monthly retail sales of motor vehicles, including new and used cars, trucks, and SUVs. It is a key indicator of consumer demand and confidence, and is closely watched by economists and policymakers.
Methodology
The data is collected through monthly surveys of motor vehicle retailers.
Historical Context
Motor vehicle sales are an important signal of consumer spending and economic growth.
Key Facts
- Motor vehicle sales account for a significant portion of total retail spending.
- Changes in the 'Monthly' trend can signal shifts in consumer confidence and economic momentum.
- The data is released with a short lag, providing timely insight into the state of the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the total level of retail sales for motor vehicles, including cars, trucks, and SUVs.
Q: Why is this trend relevant for users or analysts?
A: Motor vehicle sales are a key indicator of consumer spending and economic conditions, making this trend closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of motor vehicle retailers.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to gauge consumer confidence and spending, which informs decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The 'Monthly' data is released with a short lag, providing timely insight into the state of the economy.
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Citation
U.S. Federal Reserve, Monthly (MRGASLA), retrieved from FRED.