Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Austria
Annual, Not Seasonally Adjusted
PRMNTO01ATA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.28
Year-over-Year Change
37.41%
Date Range
1/1/1956 - 1/1/2022
Summary
This economic trend measures the annual, not seasonally adjusted production of motor vehicles and parts in the United States. It is a key indicator of the health and output of the domestic 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
The Annual, Not Seasonally Adjusted production index tracks the year-over-year change in motor vehicle and parts manufacturing in the U.S. It provides insights into the level and direction of industrial activity in this crucial sector of the economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing facilities.
Historical Context
Policymakers and analysts use this trend to assess the performance and competitiveness of the U.S. auto industry.
Key Facts
- The U.S. is the world's second-largest producer of motor vehicles.
- The auto industry accounts for over 3% of total U.S. GDP.
- Motor vehicle and parts manufacturing employs over 1 million people in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted production of motor vehicles and parts in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and output of the domestic automotive industry, a key sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the performance and competitiveness of the U.S. auto industry.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PRMNTO01ATA661N), retrieved from FRED.