Tag Archives: Vehicle Sales

ISM manufacturing index remains in contraction, and the trend in vehicle sales may have turned down as well by New Deal democrat The ISM manufacturing index, where any value below 50 indicates contraction, once again came in negative for both the total index, at 47.4, and the more leading new orders subindex, at 47.1. Both have been indicating contraction for more than a year: Which begs the question. Because, despite a nearly flawless 75...

A big jump in motor vehicle sales highlights a good September for retail sales  – by New Deal democrat  As usual, retail sales is one of my favorite metrics because it tells us so much about the consumer and, indirectly, the labor market and the total economy. Nominally, retail sales rose 0.7% in September, and August’s already good 0.6% was revised upward as well. Since consumer inflation rose 0.4%, real retail sales rose 0.3% – still a...