- Korea: Housing Price Index (Apr)
- US: Consumer Sentiment (Apr-final), GDP (Q1 Adv), ECI (Q1)
- Consumer Sentiment Detail (Apr-final)
- US: Selected NIPA Tables (Q1-Adv), Summary key Source Data (Q1)
- Canada: GDP by Industry (Feb), Industrial Product Prices (Mar)
- *Taiwan National House Price Indexes Rebased to 2016=100.*
- Euro area: HICP (Apr-Flash), ECB Survey of Professional Forecasters (Q2)
- Italy: CPI, HICP (Apr-Prelim)
- Brazil: Sao Paolo Capacity Utilization (Mar);Mexico: Debt (Mar);
- more updates...
Economy in Brief
U.S. Employment Cost Index Has Stronger Gain
Lifted by outsized rises in several industries, the employment cost index for civilian workers rose 0.8% (2.4% y/y) during Q1'17...
Chicago Purchasing Managers Index Strengthens
The Chicago Purchasing Managers Business Barometer Index for April increased to 58.3 from 57.7 in March...
EMU Money and Credit Perk Up
There is some noticeable acceleration in EMU money and credit growth...
Durable Goods Orders Improvement Moderates
New orders for durable goods rose 0.7% (4.5% y/y) during March...
U.S. Initial Claims for Unemployment Insurance Increase
Initial unemployment claims for unemployment insurance rose to 257,000 during the week ended April 22...
U.S. Pending Home Sales Ease
The National Association of Realtors (NAR) reported that pending home sales slipped 0.8% ((+0.8% y/y) during March...
by Tom Moeller January 4, 2017
During all of 2016, total sales of light vehicles rose to a record 17.55 million units, up 0.7% from 17.42 million units sold in 2015, according to the Autodata Corporation. During December alone, sales increased 3.1% versus November (5.2% y/y) to 18.43 million units (SAAR). The increase reversed November's decline to 17.87 million units.
Pacing last year's strength was a 7.6% increase in sales of light trucks to 10.44 million units. Sales of domestic light trucks increased 5.0% last year to 8.75 million units. Imported light truck sales surged 23.7% to 1.68 million units. During December, light truck sales rose 4.3% (11.4% y/y) to 11.17 million. Domestic light truck sales increased 3.7% (10.1% y/y) to 9.25 million. Imported light truck sales increased 7.6% (18.3% y/y) to 1.92 million. Light truck sales increased to a record 59.5% of the light vehicle market during all of last year.
Auto sales declined 7.9% last year to 7.11 million units. Domestic car sales declined 7.6% to 5.20 million units. Sales of imported autos were off 9.0% to 1.91 million. During December alone, sales of domestically made autos increased 1.7% (-4.6% y/y) to 5.30 million. Imported auto sales inched 0.3% higher to 1.96 million (1.0% y/y).
Imports share of the light vehicle market of 20.5% during 2016 compared to 19.8% during all of 2015. Imports share of the passenger car market of 26.8% compared to 27.1% during all of 2015. Imports share of the light truck market rose to 16.1% from 14.0% in 2015, though that was lower than the 19.6% peak in 2009.
U.S. vehicle sales figures are published by the Autodata Corporation and can be found in Haver's USECON database.
The minutes to the latest FOMC meeting can be found here.
|Light Weight Vehicle Sales (SAAR, Million Units)||Dec||Nov||Oct||Dec Y/Y %||2016||2015||2014|