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
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
