Home > Releases > Seasonal Factors for Domestic Auto and Truck Production > Weekday-Basis Seasonal Factors: Light Truck Production
Observation:
Jun 2025: 101.39 (+ more) Updated: Mar 18, 2024 1:29 PM CDTJun 2025: | 101.39 | |
May 2025: | 101 | |
Apr 2025: | 99.27 | |
Mar 2025: | 109.72 | |
Feb 2025: | 106.25 |
Units:
Seasonal Factor,Frequency:
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Title | Release Dates | |
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Weekday-Basis Seasonal Factors: Light Truck Production | 2019-03-15 | 2024-03-15 |
Source | ||
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Board of Governors of the Federal Reserve System (US) | 2019-03-15 | 2024-03-15 |
Release | ||
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Seasonal Factors for Domestic Auto and Truck Production | 2019-03-15 | 2024-03-15 |
Units | ||
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Seasonal Factor | 2019-03-15 | 2024-03-15 |
Frequency | ||
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Monthly | 2019-03-15 | 2024-03-15 |
Seasonal Adjustment | ||
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Not Seasonally Adjusted | 2019-03-15 | 2024-03-15 |
Notes | ||
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A seasonal factor measures the percentage amount that on average, monthly production is above or below normal. A seasonal factor of 120 states that the month in question will usually be 20% above an average month's production level. Similarly, a seasonal factor of 100 implies an average month, while a factor of 80 implies a month that is typically 20% below average.
The not seasonally adjusted (NSA) data for light truck assemblies (https://fred.stlouisfed.org/series/MVALTTRCKN) are obtained from Ward's Communications, the weekly-basis seasonal factors (SFW), which contain adjustments for holiday and length-of-month effects as well as normal seasonal variation, and the number of production days, or weekdays in a month (https://fred.stlouisfed.org/series/G17MVSFWWKDAYS), are applied to MVALTTRCKN (https://fred.stlouisfed.org/series/MVALTTRCKN) using the formula found here (https://www.federalreserve.gov/releases/g17/mvsf.htm). |
2019-03-15 | 2024-03-15 |