Track US Total Vehicle Sales to gauge consumer confidence and economic health. Data ceased in Apr 2019.
An indicator of consumer confidence, an increase in demand for high-cost durable goods suggests that consumers believe in their financial stability and are willing to spend.
What it Measures
The annualized total of cars and trucks sold domestically in the prior month.
Usual Effect
If the 'Actual' figure exceeds the 'Forecast', it is beneficial for the currency.
Source & Frequency
Autodata Corp. (latest release) - http://www.motorintelligence.com/ • Published monthly, approximately two days after the end of the month.
How Data is Derived
N/A
Also Known As
Total SAAR
Acronym
N/A