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United States USD

United States All Truck Sales

Impact:
Low

Latest Release:

Date:
Actual:
11.58M
Forecast:
Previous/Revision:
11.45M
Period: Aug
What Does It Measure?
The United States All Truck Sales measure the total number of trucks sold within the U.S. market during a specified period, indicating trends in vehicle demand and economic activity. This indicator primarily focuses on sales figures for commercial and heavy-duty trucks, helping to assess aspects such as production, transportation demand, and overall economic health.
Frequency
This report is released on a monthly basis, typically made available within the first week following the end of the month it measures.
Why Do Traders Care?
Traders closely monitor all truck sales as a robust indicator of economic activity, influencing both consumer confidence and business investment trends. Strong sales figures may drive bullish sentiment for related stocks and commodities, whereas lower-than-expected results could indicate a slowdown in economic growth, adversely affecting market performance.
What Is It Derived From?
All Truck Sales are derived from data collected from automotive manufacturers and dealers, capturing the total number of trucks sold across various categories, including light duty and heavy-duty trucks. This data is compiled from industry sales reports, ensuring accuracy and reliability in reflecting market conditions.
Description
The All Truck Sales report provides insights into the demand for trucking services, partly reflecting logistical and supply chain dynamics within the economy. Since economic activity in sectors such as construction and manufacturing often correlates with truck sales, this indicator is significant for forecasting future demand in transportation and related industries. It is a coincident indicator, revealing current trends in economic activity.
Additional Notes
All Truck Sales are considered a coincident economic measure, providing timely insight into the economic climate as they relate to broader economic trends such as GDP growth and industrial production. Comparatively, this indicator aligns with other vehicle sales data and is vital in assessing consumer and business sentiment in the U.S. economy.

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 Time Actual Forecast Previous Surprise
11.58M
11.45M
11.45M
11.78M
12.01M
11.48M
11.48M
11.72M
11.72M
11.87M
11.87M
11.35M
11.35M
11.36M
11.36M
11.76M
11.76M
11.08M
11.08M
11.52M
11.52M
11.76M
11.76M
10.11M
10.11M
10.55M
10.52M
10.66M
10.59M
10.46M
10.46M
10.46M
10.46M
10.3M
10.3M
11.05M