- US: Advance Trade & Inventories (Feb)
- Sweden: Retail Trade, PPI, International Trade (Feb); Iceland: CPI (Mar)
- Turkey: International Reserves (Feb); Mauritius: Wage Rate Index, LFS (Q4); Saudi Arabia: Non-Oil Foreign Trade (Jan); Palestine: BOP (Q4); UAE: Fuel Prices (Apr); Israel: Construction Starts & Completions (Q4); South Africa: Construction Survey (Q1); Tanzania: Trade (Q4)
- Brazil: PPI (Feb)
- more updates...
Economy in Brief
Texas Factory Sector Activity Remains Strong
The Dallas Fed indicated in its Texas Manufacturing Outlook Survey that the General Business Activity Index eased during March...
EMU Money and Credit Growth Are Less Than Impressive Than Euro-PMIs
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
New orders for durable goods rose 1.7% (5.0% y/y) during February...
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)...
by Tom Moeller March 1, 2017
Total sales of light vehicles were little changed m/m during February (-0.7% y/y) at 17.58 million units (SAAR), according to the Autodata Corporation.
Passenger car sales eased 0.8% (-11.5% y/y) to 6.53 million units. Domestically-made passenger car sales held steady at 4.67 million units (-14.9% y/y) and matched the lowest level since December 2011. Sales of imported passenger cars fell 2.8% (-1.4% y/y) to 1.86 million units.
Light truck sales improved 0.2% (7.1% y/y) to 11.05 million. Domestically-made light truck sales increased 0.6% (6.1% y/y) to 9.28 million units. Imported light truck sales declined 2.1% (+12.7% y/y) to 1.77 million units. Trucks' share of the U.S. vehicle market edged higher to another record of 62.8%, up from 58.3% in February 2016.
Imports share of the U.S. vehicle market declined m/m to 20.6%. Imports share of the passenger car market eased to 28.4% following its January increase to a nearly three-year high. Imports share of the light truck market declined to 16.0%, up from 12.7% during all of 2014.
U.S. vehicle sales figures are published by the Autodata Corporation and can be found in Haver's USECON database.
The Fed's latest Beige Book covering regional economic conditions is available here.
|Light Weight Vehicle Sales (SAAR, Million Units)||Feb||Jan||Dec||Feb Y/Y %||2016||2015||2014|