- US: Advance Durable Goods, Advance Trade & Inventories (Mar)
- Brazil: PPI (Mar); Mexico: Compensation and Productivity (Feb)
- Canada: Payroll Employment, Earnings, & Hours (Feb)
- Spain: Advanced HICP & CPI, Construction Business Survey Press (Apr)
- Belgium: CPI (Apr)
- Germany: GfK Consumer Climate Survey, State CPI: Bavaria, Saxony, Berlin, Hesse, North Rhine-Westphalia, Brandenburg (Apr)
- Building Permits (Feb)
- UK: Motor Vehicle Production (Mar)
- more updates...
Economy in Brief
U.S. Gasoline Prices Are Little-Changed; Crude Oil Falls
Regular gasoline prices of $2.45 per gallon last week (13.3% y/y)...
Japan's METI Indexes Show Ongoing Gains
The services sector is assessed by the METI indexes where it is named the 'tertiary sector.' That sector index rose to 104.1 in February...
U.S. New Home Sales & Prices Strengthen
Sales of new single-family homes increased 5.8% (15.6% y/y) during March to 621,000...
U.S. Consumer Confidence Backpedals
The Conference Board Consumer Confidence Index fell 3.7% during April (+27.0% y/y) to 120.3...
U.S. FHFA House Price Index Regains Strength
The FHFA U.S. house prices increased 0.8% during February (6.5% y/y)...
French Manufacturing and Service Sectors Weaken But Stay on Trend or Hold Recent Gains
The French manufacturing sector trend index is down to 1 in April from 3 in March...
by Tom Moeller March 2, 2016
Total sales of light vehicles during February eased 0.2% m/m to 17.54 million units (SAAR) from 17.58 million in January. The sizable 7.0% y/y increase continued to reflect the decline in gasoline prices, strong consumer confidence and low unemployment. Nevertheless, sales remained below the cycle peak of 18.24 million reached in October.
Sales of light trucks improved 0.1% (13.0% y/y) to 10.16 million units. Domestic light truck sales gained 0.2% (9.2% y/y) to 8.63 million. Sales of imported light trucks eased 0.6% (+40.5% y/y) to 1.53 million. Trucks sales were a record 57.8% of the light vehicle market, up from 54.8% in February 2015.
Auto purchases eased 0.6% to 7.39 million, down 0.3% y/y. Domestic auto sales fell 0.5% (+3.7% y/y) to 5.51 million. Sales of imported autos were off 1.0% (-10.2% y/y) to 1.88 million.
Imports share of the light vehicle market declined to 19.4% from 20.4% in Q4'15, and from 19.8% during all of last year. Imports share of the passenger car market of 25.4% compared to 26.3% last quarter, and 27.1% during all of last year. Imports share of the light truck market of 15.0% compared to 15.9% in Q4, but that was up from 14.1% during all of last year.
U.S. vehicle sales figures are published by Autodata and can be found in Haver's USECON database.
|Light Vehicle Sales (SAAR, Mil. Units)||Feb||Jan||Dec||Feb Y/Y %||2015||2014||2013|