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Economy in Brief
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The new home sales market is unraveling...
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Among the early reporting countries in Europe and Japan, the S&P PMI readings for May tilt toward weakness...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
State Coincident Indexes in April 2022
State Labor Markets in April 2022
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
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 |