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Regular Seasonal Factors: Total Truck Production (G17MVSFTTRUCKS)


Jun 2024: 94.51 (+ more)   Updated: Mar 17, 2023
Jun 2024:  94.51  
May 2024:  103.83  
Apr 2024:  103.92  
Mar 2024:  105.20  
Feb 2024:  104.52  
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Seasonal Factor,
Not Seasonally Adjusted




Source: Board of Governors of the Federal Reserve System (US)  

Release: Seasonal Factors for Domestic Auto and Truck Production  

Units:  Seasonal Factor, Not Seasonally Adjusted

Frequency:  Monthly


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 total truck assemblies are obtained from Ward's Communications, and the seasonal factors (SF), which contain adjustments for holiday and length-of-month effects as well as normal seasonal variation, are applied to MVATRUCKSN using the formula found here.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Regular Seasonal Factors: Total Truck Production [G17MVSFTTRUCKS], retrieved from FRED, Federal Reserve Bank of St. Louis;, May 28, 2023.


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