Discussion Paper

Beyond Face Value: How Composition Changes Affect Import Unit Values of Light Vehicles

Abstract: Light vehicles (NAICS 33611) account for approximately 7 percent of U.S. merchandise goods imports, making it an economically significant trade category. Because motor vehicles also receive a sizable weight in the Bureau of Labor Statistics (BLS) Import Price Index, changes in vehicle prices can materially influence overall import price inflation, making this sector particularly important for understanding broader trade price dynamics.

https://doi.org/10.17016/2380-7172.4174

Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2026-09-28

Number: 2026-09-28-2