Economic outlook
Cox Automotive Industry Update Report: February 2018
Tuesday February 13, 2018
Article Highlights
- ECONOMIC INDICATORS: Thanks to the strong economy, any decline in consumer confidence caused by the stock market correction should be short-lived.
- DEMAND: New sales volume increased 1% YOY and Used car sales decreased 4% YOY.
- SUPPLY: The days’ supply was 83, down 1 day YOY and up 23 days from December.
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.
