Recent Updates
- Japan: Kansai Airports Statistics (Apr)
- Germany: GfK Consumer Climate Survey (May)
- Euro area: ACEA Commercial Vehicle Registrations (Apr)
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- more updates...
Economy in Brief
U.S. Energy Prices Rise Further
Retail gasoline prices increased to $4.59 per gallon in the week ended May 23...
S&P Flash PMIs Are Mixed in May As Manufacturing Erodes Slowly
Among the early reporting countries in Europe and Japan, the S&P PMI readings for May tilt toward weakness...
NABE Lowers Growth Expectations for Next Year & 2022
The NABE expects the economic expansion to continue through its third year...
Chicago Fed National Activity Index Improves in April
The Chicago Fed National Activity Index (CFNAI) rose to 0.47 during April...
IFO Registers Small Rebound on the Month
Germany's IFO index has rebounded on the month...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
Profits & Margins Plunge In Q1: Expect More Margin Contraction As Fed Squeezes Inflation
The Many Links of Inflation Cycle: Hard Landing Is Needed to Crack Them
Peak Inflation and Fed Policy: A Relationship which Should Worry the Fed and Scare Investors
Why Have the Yields on TIPS Been Negative in the Past Two Years?
by Tom Moeller September 2, 2004
Unit sales of light vehicles in August dropped 3.7% m/m to a 16.60M selling rate. Consensus expectations had been for sales of 17.0M.
Lower sales of both autos and light trucks pulled the total down. Auto sales fell 4.7% and truck sales fell 3.0%.
Domestic light vehicle sales fell 3.7% (-8.0% y/y) and imported vehicle sales dropped 3.7% (-5.5% y/y).
Imports' share of the US market for new vehicles in August was stable at 19.1%.
| Light Vehicle Sales (SAAR, Mil.Units) | Aug | July | Y/Y | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|
| Total | 16.60 | 17.24 | -7.5% | 16.69 | 16.81 | 17.26 |
| Autos | 7.15 | 7.50 | -8.8% | 7.63 | 8.07 | 8.48 |
| Trucks | 9.45 | 9.74 | -6.6% | 9.06 | 8.74 | 8.78 |
