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Monday, February 4, 2019

Motor Vehicle Sales Modest-To-Moderate

Unit vehicle sales for December came in at a moderate-to-solid 17.5 million annualized rate vs 17.4 million in November. Note that this report was originally delayed due to the government shutdown. 

...meanwhile...

Unit vehicle sales for January came in at a modest 16.6 million annualized rate vs 17.5 million in December. This marks a slow start to first-quarter consumer spending. Weakness was centered in domestic-made light trucks where the rate fell to 8.8 million from 9.5 million. Note that this report was originally delayed due to the government shutdown.

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