December Vehicle Sales Forecast: 16.7 million SAAR, Up 5% YoY

found 2024 › Dec › 20 (Fri) @ 20:18 UTC

a story from Calculated Risk › Calculated Risk

From WardsAuto: December U.S. Light-Vehicle Sales Brighten Lackluster Year; Unusually High Drain on Inventory (pay content). Brief excerpt:

Improved affordability is the main thrust to the end-of-yea…

Personal Income increased 0.3% in November; Spending increased 0.4%

found 2024 › Dec › 20 (Fri) @ 18:41 UTC

a story from Calculated Risk › Calculated Risk

The BEA released the Personal Income and Outlays report for November:

Personal income increased $71.1 billion (0.3 percent at a monthly rate) in November, according to estimates released today by th…

Q3 GDP Growth Revised up to 3.1% Annual Rate

found 2024 › Dec › 19 (Thu) @ 16:14 UTC

a story from Calculated Risk › Calculated Risk

From the BEA: Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Third Quarter 2024

Real gross domestic product (GDP) increased at an annual rate of 3.…

FOMC Projections

found 2024 › Dec › 18 (Wed) @ 21:00 UTC

a story from Calculated Risk › Calculated Risk

Statement here.

Fed Chair Powell press conference video here or on YouTube here, starting at 2:30 PM ET.

Here are the projections. Since the last projections were released, economic growth has bee…

FOMC Preview: Fed to Cut Rates 25bp

found 2024 › Dec › 16 (Mon) @ 07:39 UTC

a story from Calculated Risk › Calculated Risk

Most analysts expect the FOMC will cut the federal funds rate at the meeting this week by 25bp lowering the target range to 4 1/4 to 4 1/2 percent. However, most market participants now expect the …

Vehicles Sales Increase to 16.50 million SAAR in November

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

Wards Auto released their estimate of light vehicle sales for November: U.S. Light-Vehicle Sales Surprise on High Side Again in November (pay site).

Improved affordability, and possibly relief from th…

Heavy Truck Sales Increased in 4% YoY in November

found 2024 › Dec › 09 (Mon) @ 08:38 UTC

a story from Calculated Risk › Calculated Risk

This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the November 2024 seasonally adjusted annual sales rate (SAAR) of 507 thousand.

Heavy truck sales really col…

BEA: Real GDP increased at 2.8% Annualized Rate in Q3

found 2024 › Nov › 04 (Mon) @ 15:46 UTC

a story from Calculated Risk › Calculated Risk

From the BEA: Gross Domestic Product, Third Quarter 2024 (Advance Estimate)

Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to th…

Personal Income increased 0.3% in September; Spending increased 0.5%

found 2024 › Nov › 04 (Mon) @ 15:46 UTC

a story from Calculated Risk › Calculated Risk

The BEA released the Personal Income and Outlays report for September:

Personal income increased $71.6 billion (0.3 percent at a monthly rate) in September, according to estimates released today by …

FOMC Preview: Fed to Cut Rates 25bp

found 2024 › Nov › 04 (Mon) @ 15:46 UTC

a story from Calculated Risk › Calculated Risk

Most analysts expect the FOMC will cut the federal funds rate at the meeting this week by 25bp lowering the target range to 4 1/2 to 4 3/4 percent.
Currently almost all market participants are exp…