- Japan: Monetary Base (Jun), Tankan Inflation Outlook of Enterprises(Q2)
- Korea: BOP (May)
- US: Autodata Vehicle Sales (Jun), Constr Spending (May+Revisions), ISM Manufacturing, ADP Employment Report (Jun)
- US: Local and Metro Area Household Employment (May)
- US: Challenger Employment Report (Jun)
- Spain: ANFAC Automobile Registrations (Jun)
- Israel: Inflation Expectation (Jun); Turkey: Exports from
- more updates...
Economy in Brief
U.S. ADP: Payroll Rise Is Strongest This Year
The ADP/Moody's National Employment Report indicated that nonfarm private sector payrolls improved 237,000 during June following a 203,000 May increase...
U.S. ISM Manufacturing Index Improves to Best Level Since January
Factory sector activity is strengthening...
Challenger Job Cut Announcements Improve
The outplacement firm of Challenger, Gray & Christmas reported that job cut announcements during June increased to 44,842 (42.7% y/y)...
U.S. Construction Spending Growth Eases
The value of construction put-in-place increased 0.8% during May following a little-revised 2.1% April gain...
Markit Manufacturing Indices Are Mixed in June; Conditions Turn Up in EMU
Globally, the manufacturing PMI picture is mixed...
U.S. Consumer Confidence Nears Expansion High
The Conference Board's Consumer Confidence Index increased 7.2% this month to 101.4 from 94.6 during May...
by Tom Moeller July 1, 2015
Total sales of light vehicles declined 3.5% during June to 17.16 million units (+1.5% y/y) following May's 7.8% jump to the highest level since July 2005.
Auto sales declined 4.0% last month to 7.78 million units (-6.1 y/y) after May's 10.1% increase. Domestic auto sales were off 4.5% to 5.61 million (-4.9% y/y) after a 10.7% jump. Imported car sales eased 2.7% to 2.18 million (-9.2% y/y) following an 8.6% rise.
Light truck purchases fell 3.2% to 9.37 million units (+8.9% y/y), giving back most of May's 5.9% increase. Trucks share of the total vehicle market nudged up to 54.6%. Imported truck sales improved 2.7% to 1.36 million (21.2% y/y) on the heels of four straight months of solid increase. Sales were at the highest level since March 2008. Domestic light truck sales eased 4.1% to 8.01 million (+7.0% y/y) after a 6.3% rise.
Imports share of the market for light vehicles improved to 20.6%, but still was down versus a high of 30.7% in February 2009. Imports share of the passenger car market notched up to 27.9%. Imports share of the light truck market rose to 14.5%, the highest level since March 2012.
U.S. vehicle sales figures are published by Autodata and can be found in Haver's USECON database.
Economy to Roll Along at a Solid Pace in 2015 and Accelerate Slightly in 2016 from the Federal Reserve Bank of Chicago can be found here.
|Light Vehicle Sales (SAAR, Mil. Units)||Jun||May||Apr||Y/Y %||2014||2013||2012|