U.S. Light Vehicle Sales decline to 15.2 million annual rate in September
Tag Archives: Vehicle Sales
2008-09-03 USER
US Economic Releases
- MBA Mortgage Applications (Released 7:00 EST)
- MBA Purchasing Applications (Released 7:00 EST)
- MBA Refinancing Applications (Released 7:00 EST)
- MBA TABLE 1 (Released 7:00 EST)
- MBA TABLE 2 (Released 7:00 EST)
- MBA TABLE 3 (Released 7:00 EST)
- MBA TABLE 4 (Released 7:00 EST)
- Challenger Job Cuts YoY (Released 7:30 EST)
- Challenger Job Cuts TABLE 1 (Released 7:30 EST)
- Challenger Job Cuts TABLE 2 (Released 7:30 EST)
- Challenger Job Cuts TABLE 3 (Released 7:30 EST)
- Challenger Job Cuts TABLE 4 (Released 7:30 EST)
- Challenger Job Cuts ALLX (Released 7:30 EST)
- ICSC-UBS Store Sales WoW (Released 7:45 EST)
- ICSC-UBS Store Sales YoY (Released 7;45 EST)
- Redbook Store Sales Weekly YoY (Released 8:55 EST)
- ICSC-UBS Redbook Comparison TABLE (Released 8:55 EST)
- Factory Orders MoM (Released 10:00 EST)
- Factory Orders YoY (Released 10:00 EST)
- Factory Orders ALLX (Released 10:00 EST)
- Domestic Vehicle Sales (Released n/a EST)
- Total Vehicle Sales (Released n/a EST)
- Vehicle Sales ALLX (Released n/a EST)
MBA Mortgage Applications (Aug 29)
| Survey | n/a |
| Actual | 7.5% |
| Prior | 0.5% |
| Revised | n/a |
MBA Purchasing Applications (Aug 29)
| Survey | n/a |
| Actual | 349.0 |
| Prior | 315.9 |
| Revised | n/a |
Nice to see this picking up. With agencies sorted out and income holding up, it should continue to improve over time.
MBA Refinancing Applications (Aug 29)
| Survey | n/a |
| Actual | 1059.7 |
| Prior | 1038.0 |
| Revised | n/a |
MBA TABLE 1 (Aug 29)
MBA TABLE 2 (Aug 29)
MBA TABLE 3 (Aug 29)
MBA TABLE 4 (Aug 29)
Challenger Job Cuts YoY (Aug)
| Survey | n/a |
| Actual | 11.7% |
| Prior | 140.8% |
| Revised | n/a |
This series hasn’t been all that useful one way or another.
Challenger Job Cuts TABLE 1 (Aug)
Challenger Job Cuts TABLE 2 (Aug)
Challenger Job Cuts TABLE 3 (Aug)
Challenger Job Cuts TABLE 4 (Aug)
Challenger Job Cuts ALLX (Aug)
ICSC-UBS Store Sales WoW (Sep 2)
| Survey | n/a |
| Actual | 0.1% |
| Prior | 0.2% |
| Revised | n/a |
ICSC-UBS Store Sales YoY (Sep 2)
| Survey | n/a |
| Actual | 2.2% |
| Prior | 2.3% |
| Revised | n/a |
Looks okay. No recession here.
Redbook Store Sales Weekly YoY (Sep 2)
| Survey | n/a |
| Actual | 2.3% |
| Prior | 1.9% |
| Revised | n/a |
Looks okay.
ICSC-UBS Redbook Comparison TABLE (Sep 2)
Factory Orders MoM (Jul)
| Survey | 1.0% |
| Actual | 1.3% |
| Prior | 1.7% |
| Revised | 2.1% |
Better than expected and previous month revised up.
Factory Orders YoY (Jul)
| Survey | n/a |
| Actual | 5.3% |
| Prior | 7.5% |
| Revised | n/a |
Could be construed as being in an uptrend!
Factory Orders ALLX (Jul)
Domestic Vehicle Sales (Aug)
| Survey | 9.4M |
| Actual | 10.4M |
| Prior | 9.1M |
| Revised | n/a |
Even this has turned up, though from very low levels.
Total Vehicle Sales (Aug)
| Survey | 13.0M |
| Actual | 13.7M |
| Prior | 12.5M |
| Revised | n/a |
Better than expected and may have bottomed. As the mix of vehicles produces switches, expect sales to increase.
Vehicle Sales ALLX (Aug)
[top]
2008-06-03 US Economic Releases
- Total Vehicle Sales (Released n/a EST)
- Domestic Vehicle Sales (Released n/a EST)
- Factory Orders YoY (Released 10:00 EST)
- Factory Orders Ex Transportation (Released 10:00 EST)
- Factory Orders MoM (Released 10:00 EST)
- ABC Consumer Confidence (Released 17:00 EST)
Total Vehicle Sales (May)
| Survey | 14.6M |
| Actual | 14.3M |
| Prior | 14.4M |
| Revised | n/a |
Very weak, as was transportation in general, but more than made up for by other factory orders, see below.
Domestic Vehicle Sales (May)
| Survey | 10.8M |
| Actual | 10.5M |
| Prior | 10.6M |
| Revised | n/a |
As above, very weak.
Factory Orders YoY (Apr)
| Survey | -0.1% |
| Actual | 1.1% |
| Prior | 1.4% |
| Revised | 1.5% |
Factory Orders Ex Transportation
| Survey | n/a |
| Actual | 389154 |
| Prior | 378303 |
| Revised | n/a |
Upside surprise, and non-transportation up very strong.
Factory Orders MoM (Apr)
| Survey | n/a |
| Actual | 3.8% |
| Prior | 4.2% |
| Revised | 1.5% |
More upside surprises.
No recession, and this was before the fiscal package kicked in.
With domestic demand not this strong, could be even larger increases in exports as foreigners continue to spend their now unwanted hoard of USD over here.
ABC Consumer Confidence (Jun 1)
| Survey | -51 |
| Actual | -45 |
| Prior | -51 |
| Revised | n/a |
Even this indicator had an upside surprise.
[top]
2008-05-01 US Economic Releases
- Challenger Job Cuts YoY (Released 7:30 EST)
- Personal Income (Released 8:30 EST)
- Personal Spending (Released 8:30 EST)
- PCE Deflator YoY (Released 8:30 EST)
- PCE Core MoM (Released 8:30 EST)
- PCE Core YoY (Released 8:30 EST)
- Initial Jobless Claims (Released 8:30 EST)
- Continuing Claims (Released 8:30 EST)
- ISM Manufacturing (Released 10:00 EST)
- ISM Prices Paid (Released 10:00 EST)
- Construction Spending MoM (Released 10:00 EST)
- Construction Spending YoY (Released 10:00 EST)
- Total Vehicle Sales (Released 10:00 EST)
- Domestic Vehicle Sales (Released 10:00 EST)
Challenger Job Cuts YoY (Apr)
| Survey | n/a |
| Actual | 27.4% |
| Prior | 9.4% |
| Revised | n/a |
Seem to be drifting higher.
[top]
Personal Income (Mar)
| Survey | 0.4% |
| Actual | 0.3% |
| Prior | 0.5% |
| Revised | n/a |
Not the stuff of recessions.
[top]
Personal Spending (Mar)
| Survey | 0.2% |
| Actual | 0.4% |
| Prior | 0.1% |
| Revised | n/a |
Muddling through.
[top]
PCE Deflator YoY (Mar)
| Survey | 3.2% |
| Actual | 3.2% |
| Prior | 3.4% |
| Revised | n/a |
Still far too high for comfort for a mainstream economist.
[top]
PCE Core MoM (Mar)
| Survey | 0.1% |
| Actual | 0.2% |
| Prior | 0.1% |
| Revised | n/a |
I’m anticipation more 0.3%s for the rest of this year.
[top]
PCE Core YoY (Mar)
| Survey | 2.0% |
| Actual | 2.1% |
| Prior | 2.0% |
| Revised | n/a |
Starting to move back up.
[top]
Initial Jobless Claims (Apr 26)
| Survey | 365K |
| Actual | 380K |
| Prior | 342K |
| Revised | 345K |
No recession yet.
[top]
Continuing Claims (Apr 19)
| Survey | 2950K |
| Actual | 3019K |
| Prior | 2934K |
| Revised | 2945K |
No recession yet.
[top]
ISM Manufacturing (Apr)
| Survey | 48.0 |
| Actual | 48.6 |
| Prior | 48.6 |
| Revised | n/a |
Staying above recession levels.
[top]
ISM Prices Paid (Apr)
| Survey | 83.5 |
| Actual | 84.5 |
| Prior | 83.5 |
| Revised | n/a |
Inflation ripping!
[top]
Construction Spending MoM (Mar)
| Survey | -0.7% |
| Actual | -1.1% |
| Prior | -0.3% |
| Revised | 0.4% |
[top]
Construction Spending YoY (Mar)
| Survey | n/a |
| Actual | -3.4% |
| Prior | -2.2% |
| Revised | n/a |
Still weak.
[top]
Total Vehicle Sales (Apr)
| Survey | 15.0M |
| Actual | — |
| Prior | 15.1M |
| Revised | — |
[comments]
[top]
Domestic Vehicle Sales (Apr)
| Survey | 11.4M |
| Actual | – |
| Prior | 11.1M |
| Revised | – |
[comments]
[top]
2008-03-03 US Economic Releases
RPX Composite 28dy YoY (Dec)
| Survey | n/a |
| Actual | -7.24% |
| Prior | -4.17% |
| Revised | n/a |
RPX Composite 28dy Index (Dec)
| Survey | n/a |
| Actual | 245.70 |
| Prior | 254.29 |
| Revised | n/a |
Both were falling into year end.
ISM Manufacturing (Feb)
| Survey | 48.0 |
| Actual | 48.3 |
| Prior | 50.7 |
| Revised | n/a |
Better than expected. Not yet to recession levels.
ISM Prices Paid (Feb)
| Survey | 73.5 |
| Actual | 75.5 |
| Prior | 76.0 |
| Revised | n/a |
Price pressures persisting.
Construction Spending MoM (Jan)
| Survey | -0.7% |
| Actual | -1.7% |
| Prior | -1.1% |
| Revised | -1.3% |
Very weak.
Total Vehicle Sales (Feb)
| Survey | 15.5M |
| Actual | 15.4M |
| Prior | 15.2M |
| Revised | n/a |
As expected, but drifting to a lower range.
Domestic Vehicle Sales (Feb)
| Survey | 11.9M |
| Actual | 11.7M |
| Prior | 11.7M |
| Revised | n/a |
Drifting lower.
Same twin themes: weak demand and higher prices.Exports keeping GDP from recession levels, but taking demand from the rest of the world that is also softening.