2018 Economic Calendar
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Motor Vehicle Sales  
Released On 12/4/2018 For Nov, 2018
PriorConsensusConsensus RangeActual
Total Vehicle Sales17.5 M17.2 M16.7 M to 17.4 M17.4 M
Domestic Vehicle Sales13.6 M13.5 M

Highlights
Unit vehicle sales in November came in on the high end of expectations but, at a 17.4 million annualized rate, still fell just short of October's 17.5 million rate. The results do not point to a back-to-back monthly gain for motor vehicles which make up about 1/5 of total retail sales and which in October ended two months of declines. Yet November did come in at a very healthy rate with strength concentrated in light trucks which typically have high sticker prices and which help dollar totals of the retail sales report.

Consensus Outlook
Despite only a marginal rise in unit sales during October, the motor vehicle component in the month's retail sales report proved very strong. For November unit sales, forecasters see a 17.2 million annualized rate vs October's 17.5 million in what would signal retail weakness for motor vehicles.

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
 

2018 Release Schedule
Released On: 1/32/13/14/35/16/17/38/19/410/311/212/4
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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