- ECONOMIC INDICATORS: The job market's positive momentum will drive unemployment lower and wages higher, setting the stage for stronger consumer confidence and higher consumer spending.
- DEMAND: New vehicle sales volume decreased 2% YOY and Used sales volume increased by 2% YOY.
- SUPPLY: The days’ supply for February was 73, flat YOY and down 10 days from January.
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.
Cox Automotive March 2018 Industry Update
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