Recent Updates
- Japan: NCI Economic Activity Index (Aug)
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Economy in Brief
U.S. Housing Affordability Declines Further in June
The NAR Fixed Rate Mortgage Housing Affordability Index fell 3.6% in June...
EMU Output Makes Solid Gain in June
The European Monetary Union posted a 0.7% increase for industrial output in June...
U.S. Producer Prices Fall During July; Core Increase Weakens
The Producer Price Index for Final Demand fell 0.5% during July...
U.S. Unemployment Claims Continue on an Uptrend
Initial claims for unemployment insurance filed in the week ended August 6 rose 14,000 to 262,000...
RICS Survey Points to More U.K. Housing Sector Weakness
The survey of housing market conditions in the U.K. continues to show strength in prices versus weakness...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Tom Moeller December 2, 2005
According to the Autodata Corporation, November US sales of light vehicles recovered most of the prior month's decline with a 6.7% m/m rise to 15.74M. The increase, however, failed to recoup the decline during the prior three months. As a result, the average of sales so far during 2005 is about equal to all of 2004.
Sales of US made cars & trucks improved 8.6% m/m. Domestic truck sales rose 11.8% (-11.8% y/y) while car sales rose a lesser 4.8% (2.6% y/y).
Sales of imported cars & trucks rose a modest 0.2% m/m (-3.3% y/y) as sales of imported trucks rose 0.8% (-8.5% y/y) and imported auto sales fell slightly (-0.5% y/y).
Import's share of the US light vehicle market slipped m/m to 21.2%.
Light Vehicle Sales (SAAR, Mil. Units) | Nov | Oct | Y/Y | 2004 | 2003 | 2002 |
---|---|---|---|---|---|---|
Total | 15.74 | 14.75 | -5.5% | 16.87 | 16.63 | 16.81 |
Autos | 7.56 | 7.32 | 1.7% | 7.49 | 7.62 | 8.07 |
Trucks | 8.18 | 7.42 | -11.3% | 9.37 | 9.01 | 8.74 |