Key Highlights The Federal government shutdown is now into week five, and routine reports and data have not been released, including updates on GDP, jobless claims, or personal income and spending. However, we did receive data on pending home sales and consumer confidence. Pending Home Sales: Unchanged In September Pending home sales were unchanged in … Continued
Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued
Key Highlights Inflation: Decelerating in September Existing Home Sales: Best Month Since February Consumer Sentiment: Down Again in October Bottom Line Inflation cooled in September, with both headline and core CPI showing slower growth than expected. This deceleration is a welcome sign, especially as we continue to monitor the evolving impact of tariffs. Categories like … Continued
Key Highlights Federal Government Shutdown: Data Delays, But No Major Trend Changes The Federal government shutdown is entering its third week, delaying updates on crucial economic indicators such as the consumer price index, new construction permits and starts, retail sales, and jobless claims. However, alternative data sources indicate that economic trends have remained stable through … Continued
Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued
Key Highlights We are now more than a week into the government shutdown, but last week we had plenty of non-government data to give us a read on the auto market with initial details on new-vehicle prices in September, used-vehicle sales and prices in September, consumer credit in August, and auto credit access and auto … Continued
Key Highlights This summary does not include the usual employment report due to the Federal government shutdown over the budget impasse. However, pending home and vehicle sales data for September were released, along with a job openings and turnover report showing mixed results and another decrease in consumer confidence. JOB OPENINGS AND TURNOVERS: Data for August … Continued
Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued
This summary features revised Q2 GDP data, home sales and personal income and spending data from August, and consumer sentiment data from September. Economic growth was stronger than initially estimated driven by stronger consumer spending, and consumer spending was stronger than expected in August. Housing trends were mixed in August, but demand could improve in … Continued
This summary presents August data on retail sales, new construction, declining jobless claims, and the first rate cut by the Federal Reserve in 2025. Consumer spending during the summer exceeded prior expectations, while the housing market remained weak. Lower rates should provide a boost to business investment and equity performance. Although the Fed does not … Continued
