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Economy in Brief
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German Federal Debt Levels Fall
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NABE 2018 Forecast: Modest Improvement in Economic Growth & Higher Inflation
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Texas Factory Sector Activity Remains Strong
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EMU nominal money supply growth is slightly higher over three months, but credit growth in the EMU is slower...
Durable Goods Orders Strengthened by Another Jump in Aircraft
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by Tom Moeller February 1, 2017
Total sales of light vehicles fell 4.4% (-1.6% y/y) to 17.61 million units (SAAR) during January from 18.43 million units sold in December, according to the Autodata Corporation.
Leading the decline was a 9.3% drop (-11.8% y/y) in passenger car sales to 6.58 million units. Domestically made passenger car sales were off a sharp 11.8% (-15.9% y/y) to 4.67 million units, the lowest level since December 2011. Sales of imported passenger cars fell 2.6% (+0.3% y/y) to 1.91 million units.
Light truck sales eased 1.3% (+5.7% y/y) to 11.03 million. Imported light truck sales declined 6.0% (+15.3% y/y) to 1.80 million units. Domestic light truck sales eased 0.3% (+4.0% y/y) to 9.22 million units. Trucks share of the U.S. vehicle market surged to another record of 62.6%, up from 58.3% twelve months earlier.
Imports share of the U.S. vehicle market held steady m/m at 21.1%. Imports share of the passenger car market rose to 29.0%, the highest level since May 2014. Imports share of the light truck market eased to 16.4%.
U.S. vehicle sales figures are published by the Autodata Corporation and can be found in Haver's USECON database.
|Light Weight Vehicle Sales (SAAR, Million Units)||Jan||Dec||Nov||Jan Y/Y %||2016||2015||2014|