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Posts Tagged ‘ Vehicle ’

Tuesday: Vehicle Sales

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Tuesday: Vehicle Sales

Two quick observations … First, the December construction spending report probably means a slight upward revision to Q4 GDP. The advance Q2 report showed 4.0% annualized real GDP growth, and that was eventually revised up to 4.6%.  And the advance Q3 report showed 3.5%, and that was revised up to 5.0%.  Maybe we will...
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Monday: Vehicle Sales

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Monday: Vehicle Sales

Starting in 2009, there were always a large number of analysts predicting the Fed would raise rates very soon (not me) – until Bernanke and the FOMC stopped that speculation when they included the following phrase in the August 2011 statement: “The Committee currently anticipates that economic conditions–including low rates of resource utilization and...
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U.S. Light Vehicle Sales increase to 17.1 million annual rate in November

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U.S. Light Vehicle Sales increase to 17.1 million annual rate in November

Based on a WardsAuto estimate, light vehicle sales were at a 17.08 million SAAR in November. That is up 5.5% from November 2013, and up 4.5% from the 16.35 million annual sales rate last month. Click on graph for larger image. This graph shows the historical light vehicle sales from the BEA (blue) and an estimate...
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Vehicle Sales Forecast: “Could Reach 17 Million” SAAR in November

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Vehicle Sales Forecast: “Could Reach 17 Million” SAAR in November

The automakers will report November vehicle sales on Tuesday, December 2nd. Sales in October were at 16.35 million on a seasonally adjusted annual rate basis (SAAR), and it appears sales in November might be at or above 17 million SAAR. Note:  There were 25 selling days in November this year compared to 26 last...
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Wednesday: Vehicle Sales, ISM Manufacturing, ADP Employment, Q3 Office Vacancies, Construction Spending

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Wednesday: Vehicle Sales, ISM Manufacturing, ADP Employment, Q3 Office Vacancies, Construction Spending

Wednesday will be busy! First, from the National Restaurant Association: Restaurant Performance Index Registers August Gain Driven by stronger same-store sales and customer traffic levels and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a solid gain in August. The RPI – a monthly composite index...
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Vehicle Sales Forecasts: Over 16 Million SAAR again in August

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Vehicle Sales Forecasts: Over 16 Million SAAR again in August

The automakers will report August vehicle sales on Wednesday, Sept 3rd. Sales in July were at 16.40 million on a seasonally adjusted annual rate basis (SAAR), and it appears sales in August will be above 16 million SAAR again. Note:  There were 27 selling days in August this year compared to 28 last year....
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U.S. Light Vehicle Sales decline to 16.4 million annual rate in July

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U.S. Light Vehicle Sales decline to 16.4 million annual rate in July

Based on an WardsAuto estimate, light vehicle sales were at a 16.4 million SAAR in July. That is up 5% from July 2013, and down 2.5% from the 16.9 million annual sales rate last month. This was below the consensus forecast of 16.7 million SAAR (seasonally adjusted annual rate). Click on graph for larger image....
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DOT: Vehicle Miles Driven increased 0.2% year-over-year in March

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DOT: Vehicle Miles Driven increased 0.2% year-over-year in March

The Department of Transportation (DOT) reported: Travel on all roads and streets changed by 0.2% (0.5 billion vehicle miles) for March 2014 as compared with March 2013. Travel for the month is estimated to be 249.1 billion vehicle miles. Cumulative Travel for 2014 changed by -0.6% (-4.2 billion vehicle miles). The following graph shows...
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Tuesday: Vehicle Sales

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Tuesday: Vehicle Sales

From Joe Weisenthal at Business Insider: Here’s Wall Street’s Big Idea For 2014 t’s clear what the big idea for 2014 is: The final return to a normal non-crisis environment and the search for growth. This theme was stated with the most flair by Japanese investment bank Nomura, which titled its 2014 outlook the...
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DOT: Vehicle Miles Driven increased 1.5% in September

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DOT: Vehicle Miles Driven increased 1.5% in September

The Department of Transportation (DOT) reported: ? Travel on all roads and streets changed by 1.5% (3.7 billion vehicle miles) for September 2013 as compared with September 2012. ? Travel for the month is estimated to be 241.7 billion vehicle miles. ? Cumulative Travel for 2013 changed by 0.4% (9.8 billion vehicle miles). The...
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