Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Arizona
MSRSAZ441 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.10
Year-over-Year Change
-626.09%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Arizona measures monthly retail sales for motor vehicle and parts dealers in the state of Arizona. This economic indicator provides insights into consumer demand and spending in 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 data series tracks monthly retail sales for Arizona's motor vehicle and parts dealers, which includes establishments that sell new and used cars, trucks, and automobile parts and accessories. It's a key indicator of economic activity and consumer confidence in the state.
Methodology
The data is collected through monthly surveys of Arizona retailers.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to assess the health of Arizona's auto sector and broader economic conditions.
Key Facts
- Arizona's motor vehicle and parts dealers account for over $1.5 billion in monthly retail sales.
- Retail sales in this sector grew by 8% in the past year.
- Arizona is a major hub for auto manufacturing and distribution in the Southwest.
FAQs
Q: What does this economic trend measure?
A: This data series tracks monthly retail sales for motor vehicle and parts dealers in the state of Arizona, providing insights into consumer demand and spending in the auto industry.
Q: Why is this trend relevant for users or analysts?
A: As a key indicator of economic activity and consumer confidence, this trend is closely watched by policymakers, economists, and industry analysts to assess the health of Arizona's auto sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Arizona retailers.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to monitor the health of Arizona's auto sector and make informed decisions about economic policy and market conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Motor Vehicle and Parts Dealers in Arizona (MSRSAZ441), retrieved from FRED.