Monthly State Retail Sales: Motor Vehicle and Parts Dealers in the United States
This dataset tracks monthly state retail sales: motor vehicle and parts dealers in the united states over time.
Latest Value
8.30
Year-over-Year Change
93.02%
Date Range
1/1/2019 - 4/1/2025
Summary
The Monthly State Retail Sales: Motor Vehicle and Parts Dealers in the United States tracks monthly sales data for motor vehicle and parts dealers across the country. This trend is a key indicator of consumer demand and economic activity in the automotive 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 series measures nominal retail sales for motor vehicle and parts dealers in the United States on a monthly basis. It is a valuable economic indicator that provides insights into consumer spending and the overall health of the automotive sector.
Methodology
The data is collected through surveys of retail businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor this trend to assess the strength of consumer demand and make informed decisions about economic policy.
Key Facts
- Motor vehicle and parts dealers account for over 20% of total U.S. retail sales.
- Sales in this sector can be volatile, reflecting changes in consumer confidence and disposable income.
- The data is released with a 1-2 month lag, providing a timely snapshot of economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly nominal retail sales of motor vehicle and parts dealers across the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of consumer demand and economic activity in the automotive industry, providing valuable insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the strength of consumer demand and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is released with a 1-2 month lag, providing a timely but not immediately current snapshot of economic conditions.
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Citation
U.S. Federal Reserve, Monthly State Retail Sales: Motor Vehicle and Parts Dealers in the United States (MSRSUSA441), retrieved from FRED.