by Calculated Danger on 1/06/2025 01:55:00 PM
This graph reveals heavy truck gross sales since 1967 utilizing knowledge from the BEA. The dashed line is the December 2024 seasonally adjusted annual gross sales charge (SAAR) of 422 thousand.
Heavy truck gross sales actually collapsed through the nice recession, falling to a low of 180 thousand SAAR in Might 2009. Then heavy truck gross sales elevated to a brand new document excessive of 570 thousand SAAR in April 2019.
Click on on graph for bigger picture.
Be aware: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.”
Heavy truck gross sales had been at 422 thousand SAAR in December, down from 491 thousand in November, and down 9.5% from 466 thousand SAAR in December 2023. Â
Often, heavy truck gross sales decline sharply previous to a recession. This is only one month, and gross sales is perhaps revised up.
The second graph reveals mild automobile gross sales for the reason that BEA began holding knowledge in 1967. Â
Car gross sales had been at 16.80 million SAAR in December, up from 16.65 million in November, and up 5.5% from 15.92 million in December 2023.
