Market Insights and Outlook - Cox Automotive Inc.

Smoke on Cars Chief Economist Jonathan Smoke shares his insights on macroeconomic trends, business cycles, demand and the economic factors influencing the automotive industry today.

5 min read

Week #48 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 02/23/2021 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

3 min read

Auto Market Weekly Summary 02/22/2021 The downward trend in new daily COVID-19 cases continues, but winter weather impacted economic activity and vehicle sales over the past two weeks though housing strengthened. Retail sales rise: Retail sales jumped in January, supported by the $600 stimulus checks issued early in the month in the $900 billion stimulus package signed into law at the end of December. Retail sales increased 5.3% in January, but… Read Article

Market Insights Smoke on Cars Economy & Trends

5 min read

Week #47 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 02/16/2021 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

5 min read

Auto Market Weekly Summary 02/15/2021 The downward trend in new daily COVID-19 cases continues. Improving conditions are leading to rollbacks of restrictions, and economic activity and employment should improve as a result. For now, traditional jobless claims are seeing gradual declines, but pandemic assistance claims are growing, and 20.4 million people remain on some form of benefits. Joblessness remains high: Jobless claims in the headlines are showing further declines, but revisions… Read Article

Market Insights Smoke on Cars Economy & Trends

5 min read

Week #46 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 02/09/2021 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

4 min read

Auto Market Weekly Summary 02/08/2021 The downward trend in new daily COVID-19 cases continues. Improving conditions are leading to rollbacks of restrictions. Economic activity and employment should improve as a result. Job gains small: January only saw meager gains in jobs, but the declining trend in jobless claims affirm that January likely represented the transition from the worst of the winter. The jobs recovery shifted into reverse in December as peak… Read Article

Market Insights Smoke on Cars Economy & Trends

5 min read

Week #45 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 02/02/2021 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

4 min read

Auto Market Weekly Summary 02/01/2021 The downward trend in new daily COVID-19 cases continues, but new variants are raising concerns. The economy grew in the fourth quarter. Consumer spending slowed, savings grew, and consumer confidence improved. Economy grows: The first estimate of fourth quarter 2020 real GDP growth came in at 4.0% (annualized), less than the 4.2% expected. Based on the initial estimate for the quarter, GDP declined 3.5% for the… Read Article

Market Insights Smoke on Cars Economy & Trends

3 min read

The Fed Stays Course 01/27/2021 Little new information emerged from the Fed today as they issued their official statement following their first meeting of 2021. The biggest change in the official statement was acknowledging that “… the pace of the recovery in economic activity and employment has moderated in recent months.” The Fed is clearly staying on course with its low rate policy and quantitative easing through their ongoing program of… Read Article

Market Insights Smoke on Cars Economy & Trends

5 min read

Week #44 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 01/26/2021 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

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