Retail Sales: Motor Vehicle and Parts Dealers
MRTSSM441USS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135,148.00
Year-over-Year Change
1.89%
Date Range
1/1/1992 - 5/1/2025
Summary
The Retail Sales: Motor Vehicle and Parts Dealers trend measures sales at motor vehicle and parts dealers, a key indicator of consumer spending and economic activity.
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 metric tracks the value of retail sales at establishments that sell new and used cars, motorcycles, RVs, boats, and automotive parts and accessories. It is an important gauge of consumer demand and confidence in the automotive sector.
Methodology
The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Historical Context
Retail sales figures are closely watched by policymakers, analysts, and businesses to assess the health of the economy.
Key Facts
- Motor vehicle and parts dealers account for over 20% of total U.S. retail sales.
- Sales in this sector tend to be cyclical, reflecting broader economic trends.
- Robust auto sales signal strong consumer confidence and discretionary spending.
FAQs
Q: What does this economic trend measure?
A: The Retail Sales: Motor Vehicle and Parts Dealers trend measures sales at establishments that sell new and used cars, motorcycles, RVs, boats, and automotive parts and accessories.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important gauge of consumer demand and confidence in the automotive sector, which is a key driver of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures, including motor vehicle and parts sales, are closely watched by policymakers, analysts, and businesses to assess the health of the economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the Census Bureau, with a typical 2-week lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Retail Sales: Motor Vehicle and Parts Dealers (MRTSSM441USS), retrieved from FRED.