Production: Manufacturing: Investment Goods: Total for Denmark
Quarterly, Not Seasonally Adjusted
PRMNVG01DKQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.17
Year-over-Year Change
-1.15%
Date Range
1/1/1974 - 7/1/2023
Summary
This series measures quarterly, not seasonally adjusted total vehicle sales in the United States. It provides important insights into 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
The Quarterly, Not Seasonally Adjusted total vehicle sales trend tracks retail-level transactions for new automobiles, light trucks, and other light vehicles. It offers a broad indicator of consumer spending and confidence without the effects of seasonal factors.
Methodology
The data is collected through surveys of vehicle manufacturers and dealers.
Historical Context
This metric is closely monitored by economists, policymakers, and market analysts to gauge consumer behavior and economic conditions.
Key Facts
- Quarterly vehicle sales are a leading indicator of economic activity.
- Light vehicle sales account for over 75% of total retail sales in the U.S.
- Automakers closely track this metric to guide production and inventory decisions.
FAQs
Q: What does this economic trend measure?
A: This series measures quarterly, not seasonally adjusted total vehicle sales in the United States, including automobiles, light trucks, and other light vehicles.
Q: Why is this trend relevant for users or analysts?
A: Quarterly vehicle sales are a key indicator of consumer spending, confidence, and broader economic activity. It provides important insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of vehicle manufacturers and dealers.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor this metric to gauge consumer behavior and the health of the automotive industry, which is a crucial component of the U.S. economy.
Q: Are there update delays or limitations?
A: There are typically no significant delays in the release of this quarterly data, which is made available in a timely manner by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (PRMNVG01DKQ661N), retrieved from FRED.