United States Domestic Truck Sales

Info

History

Chart

Impact:

Low

Latest Release:

Actual:

9.37M

Forecast:

Previous/Revision:

9.14M

Period: Sep 2018

What Does It Measure?

United States Domestic Truck Sales measure the total volume of trucks sold within the United States, providing insight into consumer demand and the overall strength of the economy. This indicator primarily focuses on the automotive sector, assessing trends in production, employment, and expenditure levels within the commercial and personal transportation domains. Key indicators include unit sales figures, market share by manufacturer, and year-over-year growth rates.

Frequency

This report is typically released monthly, often providing both preliminary estimates and final figures, with the release occurring around the 15th of the month following the reported month.

Why Do Traders Care?

Traders closely monitor truck sales as strong sales figures often signal economic growth, which can lead to bullish sentiments in equity markets and can affect currency valuations, specifically the USD. A higher-than-expected sales figure may indicate increased consumer and business spending, influencing expectations for related sectors and asset classes such as shares in manufacturing, transportation stocks, and commodities like oil.

What Is It Derived From?

Truck sales data is derived from registrations and sales reports submitted by vehicle manufacturers and dealers across the United States. The data is compiled and analyzed using industry standards for reporting, with surveys often involving a significant sample size of dealerships to ensure accuracy and representativeness.

Description

Preliminary reports provide early insight into market conditions, but they are based on less complete data and are subject to future revisions as more accurate sales information becomes available. Final reports, released later, offer a more definitive and comprehensive overview of truck sales patterns, with the data often reported on a Year-over-Year (YoY) basis to highlight significant trends while filtering out seasonal variations. This annual comparison is preferred for understanding underlying economic shifts over longer periods.

Additional Notes

As a coincident economic indicator, truck sales can reflect and often lead trends in broader economic activity, particularly in manufacturing and logistics. The sales figures are also compared with other indicators, such as GDP growth and consumer confidence indexes, to gain a comprehensive view of economic health.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for USD, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Sep 04, 2018	9.37M		9.14M
Aug 01, 2018	9.14M	9.25M	9.47M	-0.11M
Jul 03, 2018	9.61M	9.06M	9.09M	0.55M
Jun 01, 2018	9.09M	9.25M	9.28M	-0.16M
May 01, 2018	9.28M	9.5M	9.64M	-0.22M
Apr 03, 2018	9.64M	9.05M	9.08M	0.59M
Mar 01, 2018	9.08M	9M	9.22M	0.08M
Feb 01, 2018	9.22M		9.61M
Jan 03, 2018	9.61M	9.07M	9.17M	0.54M
Dec 01, 2017	9.05M	9.1M	9.49M	-0.05M
Nov 01, 2017	9.49M	9.1M	9.69M	0.39M
Oct 03, 2017	9.69M	8.23M	8.32M	1.46M
Sep 01, 2017	8.32M	8.6M	8.68M	-0.28M
Aug 01, 2017	8.68M	8.67M	8.9M	0.01M
Jul 03, 2017	8.77M	8.4M	8.53M	0.37M
Jun 01, 2017	8.53M	8.5M	8.58M	0.03M
May 02, 2017	8.58M	8.6M	8.65M	-0.02M
Apr 03, 2017	8.65M	9.05M	9.28M	-0.4M