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Wednesday, October 2, 2019

Motor Vehicle Sales Better-Than-Expected

Unit sales improved to a better-than-expected 17.2 million annual rate in September from 17.0 million in August to offer a signal of monthly strength for dollar sales of motor vehicles, which make up about 1/5 of total retail sales. Yet apart from the comparison with August, September's unit-sales pace is moderate compared to a 17.1 million monthly average over the past year.

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