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
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 August data on inflation, used-vehicle sales and prices, auto loan access and performance, as well as initial September consumer sentiment. Inflation is picking up from the impact of tariffs, auto loan access declined in August as auto loan performance remained shaky, and September has started with weaker consumer sentiment. Inflation Increased in … Continued
This summary features August employment and new-vehicle sales data. The employment report affirmed further slowing in hiring and set the stage for a Fed rate cut later this month. New-vehicle sales in August cooled modestly from July but were boosted by strong sales into rental. Hiring Slowed Again in August, But New-Vehicle Sales Remain Strong … 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 updated Q2 GDP data, more housing data from July, personal income, spending, and inflation data from July, and readings on consumer sentiment in August. The housing data was weak, but little changed. Consumer spending and income growth accelerated in July, with inflation picking up slightly as expected. Measures of consumer sentiment were … Continued
Starts and existing home sales improved in July, jobless claims are increasing in August, and the Fed is getting closer to cutting rates again. Here is a roundup of key economic indicators that are driving our economy. RESIDENTIAL CONSTRUCTION trends were mixed in July as permits declined and failed to meet expectations, but starts increased … Continued
