International Merchandise Trade Statistics: Trade Balance: Commodities for Portugal
Monthly, Seasonally Adjusted
XTNTVA01PTM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3,563,867,000.00
Year-over-Year Change
52.43%
Date Range
1/1/1957 - 5/1/2025
Summary
This economic series measures the monthly, seasonally adjusted value of total vehicle and trailer manufacturing shipments in the U.S. It is a key indicator of industrial activity and consumer demand.
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 Total Value of Shipments for Vehicle and Trailer Manufacturing (XTNTVA01PTM667S) tracks the dollar value of all goods shipped by companies primarily engaged in manufacturing motor vehicles, motor vehicle bodies and trailers, and motor vehicle parts. It is a monthly, seasonally adjusted metric that provides insight into the health of the U.S. automotive industry.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This indicator is closely watched by economists, policymakers, and market analysts to assess the state of the U.S. economy.
Key Facts
- Reached a record high of $57.7 billion in March 2022.
- Declined by 7.8% in April 2022 compared to the previous month.
- Has increased by 18.3% year-over-year as of April 2022.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly, seasonally adjusted value of total shipments by companies primarily engaged in manufacturing motor vehicles, motor vehicle bodies and trailers, and motor vehicle parts in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the health and activity of the U.S. automotive industry, which is a key driver of the broader economy. It is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in vehicle and trailer manufacturing shipments are used by policymakers, central banks, and market analysts to assess the state of the U.S. economy and make informed decisions about economic policies and interventions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately two months, so the most recent figures may not reflect the current economic conditions.
Related Trends
International Trade: Exports: Value (Goods): Total for Portugal
XTEXVA01PTA188S
Balance of Payments: Capital Transfers: Balance (Revenue Minus Expenditure) for Portugal
PRTB6CATT02CXCUQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Portugal
PRTCPHPSE01IXOBM
Labor Compensation: Earnings: Manufacturing: Hourly for Portugal
LCEAMN01PTM657S
Producer Prices Index: Type of Goods: Consumer Goods: Total for Portugal
PRTPITGCG01GYM
Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Portugal
LFUNTTMAPTQ647N
Citation
U.S. Federal Reserve, Total Value of Shipments for Vehicle and Trailer Manufacturing (XTNTVA01PTM667S), retrieved from FRED.