The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation
The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation
The Fed raised rates today by a quarter point, as expected. While the door was technically left open for additional rate hikes, conditions are not likely to merit more increases during the remaining meetings this fall. In the press conference, Federal Reserve Chair Jerome Powell indicated that the committee wants to see evidence of balance … Continued
The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation
The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation
The Fed did not raise rates today, which was widely expected. This was the first meeting without an increase after 10 straight increases. However, the Fed avoided calling it a pause or the end of rate increases and set a clear expectation that at least one more rate increase was likely as early as the … Continued
The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation
The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation
Retail sales increased slightly in April from March but were down from a year ago. Half of the major categories are down year-to-year. New residential construction trends were mixed in April, but building permits now exceed starts, and the activity indicates that single-family construction is stabilizing. Existing home sales declined in April as supply limits … Continued
Year-over-year inflation declined again in April, in line with expectations. Consumers are increasingly tapping credit cards. Auto loan performance improved in April from the seasonal impact of households receiving tax refunds. Even so, loan performance remains worse than a year ago. Auto credit access declined in April across all auto sales channels and all lender … Continued
