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- [...]
Global| Mar 01 2017U.S. Light Vehicle Sales Stabilize in February
by:Tom Moeller
|in:Economy in Brief
What jumps out at you in the table of manufacturing PMIs ranked on their performance since January 2012 is the abject weakness in Mexico. The chart at the top shows that the Mexican manufacturing PMI is moving opposite to the U.S. and [...]
- Global| Mar 01 2017
ISM Factory Sector Index Strengthens; Pricing Power Eases
Industrial sector activity remains on a strong footing. The ISM composite index of factory sector activity increased to 57.7 during February from an unrevised 56.0 in January. It was highest reading since August 2014. Expectations [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Mar 01 2017
U.S. Construction Spending Falls in January
The value of construction put-in-place fell 1.0% in January (+3.1% y/y). This decline did follow upward revisions to December and November, with December now up 0.1% versus -0.2% reported initially, and November up 1.5%, revised from [...]
- Global| Mar 01 2017
U.S. Take-Home Pay & Personal Spending Decline When Adjusted for Inflation
Disposable personal income, after adjustment for higher prices, fell 0.2% during January following two months of 0.1% increase. It was the first decline since March 2015. The y/y increase fell to 2.0%, and compared to 4.4% y/y growth [...]
by:Tom Moeller
|in:Economy in Brief
- of10Go to 10 page