The Autodata Corporation reported that sales of light vehicles during September improved 0.9% (-0.6% y/y) to 17.23 million units (SAAR) from 17.07 million during August. The increase left the average level of sales during Q3'19 at [...]
Global| Oct 01 2019U.S. Light Vehicle Sales Remain Healthy
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2019
U.S. Construction Spending Steadies
The value of construction put-in-place improved 0.1% (-1.9% y/y) during August following a little-revised stability in July. A 0.4% rise had been expected in the Action Economics Forecast Survey. Construction activity in the private [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2019
More Than Half the Manufacturing PMIs Are Below 50; Momentum Is Fading and PMI Levels Are Getting Low
Taking a full count of the countries and regions in the top panel of the table, ten of 17 have PMIs below 50 in September. There are two countries Turkey and Taiwan with readings right at 50 (note: Taiwan is below 50 but rounds up to [...]
- Global| Oct 01 2019
ISM Factory Sector Index Declines to Ten-Year Low
Weakness continues in the factory sector. The ISM manufacturing index fell to 47.8 during September from 49.1 in August. It was the lowest level since June 2009 which was the end of the last recession. The Action Economics Forecast [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2019
U.S. Energy Product Prices Decline
In the week ended September 30, the U.S. pump price for gasoline of $2.64 per gallon (-7.8% y/y) compared to $2.65 during the prior week. These were the highest prices since early-August. Haver Analytics adjusts these price figures [...]
by:Tom Moeller
|in:Economy in Brief
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