2018 Economic Calendar
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Motor Vehicle Sales  
Released On 10/3/2018 For Sep, 2018
PriorPrior RevisedConsensusConsensus RangeActual
Total Vehicle Sales16.6 M16.9 M16.5 M to 17.1 M17.4 M
Domestic Vehicle Sales12.9 M13.0 M13.3 M

Highlights
Unit sales of motor vehicle proved very strong in September, rising sharply to a 17.4 million annualized rate from 16.6 million in August. This points to a sharp rise in dollar sales of motor vehicles for the September retail sales report which in prior months had been flat. Note that some of the month's gain may reflect replacement demand tied to Hurricane Florence which struck the Carolinas at mid-month. Sales of domestic-made vehicles rose to a 13.3 million rate from 13.0 million in August.

Consensus Outlook
Not contributing to growth in consumer spending, vehicle sales have been flat this year though improvement is expected for September at a consensus 16.9 million annualized rate vs 16.6 million in August.

Definition
Unit sales of motor vehicles, published by the Bureau of Economic Analysis at the beginning of each month, include domestic sales and imports. Domestics are sales of autos produced in the U.S., Canada, and Mexico. Imports are U.S. sales of vehicles produced elsewhere. The data track all passenger cars and light trucks up to 14,000 pounds gross weight (including minivans and sport utility vehicles). Though totals include a relatively small portion sold to businesses, motor vehicle sales are good indicators of trends in consumer spending and often are considered a leading indicator at business cycle turning points.  Why Investors Care
 
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Data Source: Haver Analytics
 

2018 Release Schedule
Released On: 1/32/13/14/35/16/17/38/19/410/312/4
Release For: DecJanFebMarAprMayJunJulAugSepNov
 


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