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Economy in Brief
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U.S. Consumer Confidence Improves Significantly
The Conference Board Consumer Confidence Index for March strengthened 8.2% (30.7% y/y) to 125.6...
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Regular gasoline prices held steady at $2.32 per gallon last week (12.1% y/y) for the third straight week...
German Federal Debt Levels Fall
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NABE 2018 Forecast: Modest Improvement in Economic Growth & Higher Inflation
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by Tom Moeller July 1, 2016
Total sales of light vehicles during June declined 4.5% versus May (-2.0% y/y) to 16.66 million units (SAAR), the lowest level in three months.
Auto sales fell 5.0% to 6.76 million units (-11.2% y/y). The decline reflected a 4.1% fall (-10.1% y/y) in domestic car sales to 4.95 million units. Imported car sales declined 7.3% to 1.81 million (-14.0% y/y).
Sales of light trucks declined 4.2% to 9.90 million units (+5.5% y/y). Sales of imported light trucks fell 6.9% to 1.66 million units (+22 .7% y/y). Domestic light truck sales declined 3.6% to 8.24 million units (+2.6% y/y). Truck sales edged up to 59.4% of the light vehicle market.
Imports share of the light vehicle market of 20.8% compared to 19.8% during all of last year. Imports share of the passenger car market of 26.7% compared to 27.1% during all of last year. Imports share of the light truck market eased to 16.8%.
U.S. vehicle sales figures are published by Autodata and can be found in Haver's USECON database.
|Light Vehicle Sales (SAAR, Mil. Units)||Jun||May||Apr||Jun Y/Y %||2015||2014||2013|