vehicle sales

There Isn’t Supposed To Be The Two Directions of IP

By |2018-06-15T16:24:55+00:00June 15th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

US Industrial Production dipped in May 2018. It was the first monthly drop since January. Year-over-year, IP was up just 3.5% from May 2017, down from 3.6% in each of prior three months. The reason for the soft spot was that American industry is being pulled in different directions by the two most important sectors: [...]

Globally Synchronized Asynchronous Growth

By |2018-05-16T16:17:26+00:00May 16th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Industrial Production in the United States rose 3.5% year-over-year in April 2018, down slightly from a revised 3.7% rise in March. Since accelerating to 3.4% growth back in November 2017, US industry has failed to experience much beyond that clear hurricane-related boost. IP for prior months, particularly February and March 2018, were revised significantly lower. [...]

Auto Sales Up Last Month, But Why?

By |2017-10-03T19:05:38+00:00October 3rd, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Auto sales rebounded sharply in September, with most major car manufacturers reporting better numbers. Sales at Ford were up 8.9% last month from September 2016; +11.9% at GM; Toyota +14.9%; Nissan +9.5%; Honda +6.8%. The only negatives were reported by FCA (-9.7%) and Mercedes (-1.7%). The question is whether these numbers are sustainable beyond September [...]

Third Order Effects: Auto Sales

By |2016-10-04T12:07:34+00:00October 4th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Auto sales continue along with their “plateau”, being estimated at 17.8 million (SAAR) units sold in September. Ford was once again the big loser, with sales down 8.1% year-over-year; GM down 0.6%; Fiat Chrysler -0.9%; and VW -7.8%. Toyota and Nissan managed gains, +1.5% and +4.9%, respectively. Car sales were down almost 19% while pickups [...]