Nominal Imports of Goods and Services for Brazil
Annual, Not Seasonally Adjusted
NMXDCBRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,057,267.00
Year-over-Year Change
222.80%
Date Range
1/1/1996 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the annual percent change in U.S. total vehicle sales, a key indicator of consumer demand 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 series tracks the year-over-year change in total light vehicle sales, including passenger cars and light trucks. It provides insight into consumer spending and sentiment, which are important factors for policymakers and analysts monitoring the broader economy.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of vehicle manufacturers and dealers.
Historical Context
Trends in vehicle sales are closely watched by economists, investors, and policymakers as a barometer of household consumption and economic performance.
Key Facts
- Annual vehicle sales exceeded 17 million units in 2022.
- Light truck sales have outpaced passenger car sales since the early 2000s.
- The auto industry accounts for over 3% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual percent change in total U.S. light vehicle sales, including both passenger cars and light trucks.
Q: Why is this trend relevant for users or analysts?
A: Vehicle sales are a key indicator of consumer spending and demand, providing insight into broader economic conditions and household sentiment.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of vehicle manufacturers and dealers.
Q: How is this trend used in economic policy?
A: Trends in vehicle sales are closely monitored by policymakers, economists, and investors as a barometer of consumer behavior and economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely information on the state of the automotive market and consumer demand.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NMXDCBRA), retrieved from FRED.