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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: posthumousone who wrote (187395)3/1/2009 4:25:01 PM
From: ChanceIsRead Replies (1) of 306849
 
Motor Vehicle Sales

Released on 3/3/2009 For Feb, 2009

Previous Consensus Consensus Range

Domestic Vehicle Sales 6.8 M 6.2 M 6.2 M to 7.3 M

Market Consensus Before Announcement

Sales of domestic motor vehicles proved extremely weak in January as unit sales of North American-made cars and light trucks fell to a 6.8 million annual rate from a 7.7 million rate in December. With the recession deepening and questions remaining over the viability of U.S. automakers, sales are likely to remain depressed in February.

Definition

Unit sales of domestically produced cars and light duty trucks (including sport utility vehicles and mini-vans). Individual manufacturers report usually report sales on the first business day of the month. Motor vehicle sales are good indicators of trends in consumer spending. Why Investors Care

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