Report
Vehicle Sales Remain Healthy in July
posted by Michael Lewis on August 04, 2014
Found in US, categorized in Growth Outlook and Business Cycle
Report Cover
Headline
“The housing market is stronger, gasoline prices have been relatively stable and interest rates -- while rising recently -- are still low compared to historical levels,” said National Automobile Dealers Association economist Steven Szakaly.
Abstract
Vehicle sales reached an estimated 16.4 mm units in July (seasonally-adjusted at annual rate). While down a bit from June’s cycle high of 16.8 mm, sales were in line with the strong 14Q2 average.
About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
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