- Weekly: **Unemployment Initial Claims Data have been revised**
- US: Housing Starts by State and Region (Feb)
- CPB World Trade Monitor (Jan)
- CPB World Trade Monitor (Jan)
- France: Registered Unemployed & Job Vacancies (Feb)
- US: Household Employment for States and Regions (Feb)
- US: Wholesale Trade Revisions, Advance Durable Goods (Feb)
- Manufacturing Survey - Markit US (Flash - Mar), Composite Survey - US (Flash - Mar), Services Survey - US (Flash - Mar)
- more updates...
Economy in Brief
Correction to Unemployment Insurance Weekly Claims
The Department of Labor has issued a correction to yesterday's annual revision to seasonally adjusted weekly unemployment claims...
EMU PMIs Are Off to the Races...Farewell Mediocrity?
The PMI rankings for the manufacturing and service sector PMIs in the EMU are suddenly off the chart...
U.S. New Home Sales Improve While Prices Decline
Sales of new single-family homes increased 6.1% (12.8% y/y) during February to 592,000 units (AR)...
Kansas City Federal Reserve Factory Index Strengthens; Expectations Surge
The Kansas City Fed reported that its index of regional manufacturing sector business activity increased to 20 during March...
U.S. Initial Unemployment Insurance Claims Rise
Initial claims for unemployment insurance increased to 258,000 (-3.0% y/y) during the week ended March 18...
U.K. Retail Looks Less Bulletproof
For the most part, the assessments embodied in the March survey from the UK's CBI are being taken as being upbeat...
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|