The February 2019 Cox Automotive Industry Update Report shares Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry. ECONOMIC INDICATORS Consumer Credit…
Feb. 20, 2019 — Charlie Chesbrough, senior economist for Cox Automotive, writes an opinion piece in The Hill. In the Federal Reserve Bank of New York’s latest report on household credit, we see that at the end of 2018, over 7…
Most data points suggest that the year has started off much weaker than last year began. On the positive side, lower energy prices are keeping inflation in check and boosting real wage gains, and consumer sentiment has partially rebounded so far…
While January is a tough month to judge exactly where the economy and vehicle sales will go for the full year, the month was rocky, and we do expect the year to be rocky as well. Last week’s recap: New-…
Just as the federal government went back to work this week, most of the nation fell under the grip of a brutally cold polar vortex. January is often tough to judge economic trends due to weather, and this year is…
Used light-vehicle registrations finished at 39.4 million units in 2018, up 100,000 units from 2017. Cox Automotive expects 2019 to rack up about the same number. Interest rate increases continue to add headwinds, but economic conditions remain favorable and continued economic growth will keep demand for…
The government shutdown limited the amount of new economic data to review. With everyone back to work, we expect to see a flood of new data to review this week. Looking ahead: With the government back up and running, we…
Jonathan Smoke, Chief Economist at Cox Automotive discusses the economic outlook for the automotive industry into 2019. Isabelle Helms, Vice President of Research & Market Intelligence, shares findings from the Cox Automotive Service Industry study to help dealers understand how…
Now the longest in history and stretching beyond 30 days, the government shutdown is having a negative impact on consumer confidence and the economy. It also has hindered our ability to get a full read on the economy since some…
The January 2019 Cox Automotive Industry Update Report shares Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry. ECONOMIC INDICATORS Wages and…
