Advance Retail Sales: Auto and Other Motor Vehicle Dealers
This dataset tracks advance retail sales: auto and other motor vehicle dealers over time.
Latest Value
125305.00
Year-over-Year Change
6.91%
Date Range
1/1/1992 - 6/1/2025
Summary
The Advance Retail Sales: Auto and Other Motor Vehicle Dealers metric tracks monthly changes in retail sales at automobile and other motor vehicle dealers in the United States. This indicator provides insights into consumer demand and spending patterns in the automotive industry, which is a key driver of the broader economy.
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 Advance Retail Sales: Auto and Other Motor Vehicle Dealers series measures the total value of retail sales made by motor vehicle and parts dealers, including new and used car dealerships, recreational vehicle dealers, and other automotive-related businesses. This data is used by economists and policymakers to assess the health of the consumer sector and broader economic conditions.
Methodology
The data is collected through monthly surveys of a sample of retail businesses by the U.S. Census Bureau.
Historical Context
Retail sales in the automotive sector are closely watched by the Federal Reserve and other policymakers as an indicator of consumer confidence and spending patterns.
Key Facts
- Motor vehicle and parts dealers account for over 20% of total U.S. retail sales.
- Advance retail sales data is released about 15 days after the end of each month.
- Automotive sales are a leading indicator of broader economic activity.
FAQs
Q: What does this economic trend measure?
A: The Advance Retail Sales: Auto and Other Motor Vehicle Dealers metric tracks monthly changes in retail sales at automobile and other motor vehicle dealers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer demand and spending patterns in the automotive industry, which is a key driver of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of retail businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales in the automotive sector are closely watched by the Federal Reserve and other policymakers as an indicator of consumer confidence and spending patterns.
Q: Are there update delays or limitations?
A: Advance retail sales data is released about 15 days after the end of each month.
Related News
U.S. Economy Weak in August, Retail Sales Show Potential Resilience
Resilient Retail: Analyzing August’s Economic Trends in U.S. Retail Sales Recent trends in U.S. retail sales offer an intriguing glimpse into economic resilience amidst the challenges of August. The retail sector demonstrated its strength, even as broader economic indicators painted a less optimistic picture. In August, consumer spending and the retail sector were noteworthy, providing insights into economic resilience and offering a beacon of optimism. This anomaly invites a closer look into c
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. economic landscape. Recent data 10-year Treasury yield. With economic growth on one side and inflation data on the other, it's essential to unpack these complex dynamics. By analyzing these factors, we gain insights into the Federal Reserve's role in shaping monetary policy and the consequential market implications. The Federal Reserve's policies, market v
US Stock Markets Decline Amid Labor Market Concerns, Cooling AI Frenzy
US Stock Market Declines Amid AI Frenzy and Labor Market Concerns The US stock market has recently experienced notable declines, with major indices such as the Dow Jones, S&P 500, and Nasdaq experiencing significant losses. This turmoil can be partly attributed to the AI frenzy, a period of intense excitement around advancements in artificial intelligence, which initially propelled tech stocks to new heights. However, as the fervor surrounding AI growth began to cool, the markets experienced a
U.S. Stock Markets Hit Record Highs Amid Nvidia, OpenAI Partnership
Nvidia's OpenAI Partnership Excites U.S. Markets The unprecedented performance of the U.S. stock markets can be largely attributed to Nvidia's exciting partnership with OpenAI. This collaboration is not only setting new records for Nvidia shares but is also invigorating other tech stocks, leading to historic highs in indices like the Dow Jones, S&P 500, and Nasdaq. Record-high stocks signify significant investment opportunities, underscored by revolutionary artificial intelligence innovations.
US homeowners refinance as mortgage rates fall
How Lower Mortgage Rates Are Encouraging Mortgage Refinancing With mortgage refinancing becoming increasingly attractive, US homeowners are seizing the opportunity to lower their interest rates and save money. Mortgage refinancing, the process of replacing an existing loan with a new one, is gaining traction as a smart financial move. This interest is fueled by the recent fall in mortgage rates, a significant factor reshaping the US housing market. Lower mortgage rates, alongside other economic
Similar RSAOMV Trends
Citation
U.S. Federal Reserve, Advance Retail Sales: Auto and Other Motor Vehicle Dealers (RSAOMV), retrieved from FRED.