No menu items!

    Heavy Truck Gross sales Decreased in September

    Date:

    Share post:

    by Calculated Threat on 10/02/2024 02:03:00 PM

    This graph reveals heavy truck gross sales since 1967 utilizing information from the BEA. The dashed line is the September 2024 seasonally adjusted annual gross sales charge (SAAR) of 477 thousand.

    Heavy truck gross sales actually collapsed in the course of the nice recession, falling to a low of 180 thousand SAAR in Might 2009.  Then heavy truck gross sales elevated to a brand new report excessive of 570 thousand SAAR in April 2019.

    Click on on graph for bigger picture.

    Word: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.”

    Heavy truck gross sales declined sharply originally of the pandemic, falling to a low of 288 thousand SAAR in Might 2020.  

    Heavy truck gross sales have been at 477 thousand SAAR in September, down from 501 thousand in August, and down 4.7% from 501 thousand SAAR in September 2023.  

    Often, heavy truck gross sales decline sharply previous to a recession.   Heavy truck gross sales are stable. 

    Related articles

    Who Gave this Man an Economics Ph.D. (cont’d)?

    Keep in mind when Heritage Basis’s EJ Antoni posted on X this graph? Nicely, I believe lots of the...

    Fed Chair Powell’s Semiannual Financial Coverage Report back to Congress

    by Calculated Danger on 2/10/2025 07:17:00 PM From Matthew Graham at Mortgage Information Every day: Mortgage Charges Microscopically...

    What In regards to the Worth of Beef?

    In September 2023, we seemed on the excessive value of beef and the way massive authorities has been...

    US and China teeter on fringe of commerce conflict as tariff deadline looms

    Unlock the White Home Watch publication totally freeYour information to what the 2024 US election means for Washington...