Retail Sales: New Car Dealers
This dataset tracks retail sales: new car dealers over time.
Latest Value
102115.00
Year-over-Year Change
6.45%
Date Range
1/1/1992 - 6/1/2025
Summary
The Retail Sales: New Car Dealers trend measures consumer spending on new automobiles sold by franchised car dealerships. This key economic indicator provides insights into consumer demand and the health of the auto industry.
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 monthly retail sales metric tracks the total dollar value of new vehicle sales by licensed new car dealers in the United States. It is a crucial barometer of consumer confidence and discretionary spending within the broader automotive market.
Methodology
The data is collected through monthly surveys of a sample of new car dealers nationwide.
Historical Context
Retail sales data is closely monitored by policymakers, industry analysts, and investors to assess economic conditions and make informed decisions.
Key Facts
- New car sales account for over 20% of total U.S. retail trade.
- The auto industry employs over 2 million Americans.
- Retail sales data is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The Retail Sales: New Car Dealers trend measures consumer spending on new automobiles sold by franchised car dealerships in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into consumer demand, discretionary spending, and the overall health of the automotive industry, which is a critical component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of new car dealers nationwide by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales data, including new car sales, is closely monitored by policymakers, industry analysts, and investors to assess economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The Retail Sales: New Car Dealers data is released monthly with a short delay, providing timely insights into consumer spending and industry trends.
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Citation
U.S. Federal Reserve, Retail Sales: New Car Dealers (MRTSSM44111USN), retrieved from FRED.