Retail Sales for May Will Get Significant Contribution from Motor Vehicle Sales
U.S. light vehicle sales rose 6.2% to a seasonally-adjusted 17.40 million units, beating the consensus forecast and reversing the 6.1% decline in April. Year-over-year sales are now up 1.2% (SAAR), Autodata Corporation reported.
Prior | Prior Revised | Consensus Forecast | Forecast Range | Actual | |
Total Motor Vehicle Sales | 16.4 M | 16.3 M | 16.9 M | 16.7 M — 17.0 M | 17.3 M |
Domestic Vehicle Sales | 12.7 M | 13.4 M |
U.S. Light Vehicle Sales (SAAR, Million Units) | May | April | March | May Y/Y ∆ | 2018 | 2017 | 2016 |
---|---|---|---|---|---|---|---|
Total | 17.40 | 16.39 | 17.45 | 1.2% | 17.21 | 17.23 | 17.55 |
Autos | 5.02 | 4.94 | 5.19 | -10.2% | 5.48 | 6.33 | 7.10 |
Domestic | 3.51 | 3.53 | 3.80 | -12.1% | 3.99 | 4.58 | 5.20 |
Imported | 1.51 | 1.41 | 1.39 | -5.5% | 1.49 | 1.75 | 1.90 |
Light Trucks | 12.38 | 11.46 | 12.26 | 6.7% | 11.74 | 10.90 | 10.44 |
Domestic | 9.97 | 9.10 | 9.83 | 7.8% | 9.42 | 9.00 | 8.75 |
Imported | 2.41 | 2.36 | 2.43 | 2.4% | 2.32 | 1.90 | 1.69 |