Economic outlook
Cox Automotive Industry Update Report: December 2017
Sunday December 10, 2017
Article Highlights
- ECONOMIC INDICATORS: Unemployment remained at a 17-year low and consumer confidence increased in November, setting an official 17-year high.
- DEMAND: November New sales volume increased 1% YOY and Used car sales decreased by 4% YOY.
- SUPPLY: The days’ supply for November was 69, down 3 days YOY and down 1 day from October.
A monthly report leveraging 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.
