United States USD

United States All Car Sales

Impact:
Low

Latest Release:

Date:
Actual:
5.14M
Forecast:
Previous/Revision:
5.32M
Period: Aug
What Does It Measure?
All car sales in the United States measure the total volume of automobiles sold within a given period, providing insights into consumer demand and overall economic activity. The primary focus is on the automotive sector, assessing production and employment while serving as a key indicator of consumer confidence and spending habits.
Frequency
This report is released monthly, typically on the first business day of the month, reflecting preliminary estimates of the previous month's sales figures.
Why Do Traders Care?
Traders monitor all car sales data for its relevance to the broader economy, as strong sales figures can indicate robust consumer spending and can positively influence stock prices in the automotive and related sectors. Higher-than-expected sales are bullish for both currencies and equities, while weaker results may prompt bearish reactions in financial markets.
What Is It Derived From?
All car sales data is derived from a combination of dealership reports and estimates from the automotive industry, which aggregate sales transactions from manufacturers and their outlets. The calculations are typically based on vehicle registration data and are adjusted to account for seasonal variations and other market dynamics.
Description
Preliminary reports provide early estimates of sales numbers that are subject to revision as more accurate data becomes available, while final figures offer a clearer picture of the market's performance. The month-over-month (MoM) comparison allows traders to observe immediate trends and shifts in consumer behavior, making it useful for identifying sudden changes in the automotive sector.
Additional Notes
All car sales serve as a coincident economic measure, directly reflecting current economic conditions. As a relevant indicator, it often correlates with GDP growth and is compared with related indicators such as retail sales and consumer sentiment.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for USD, Bullish for Stocks. Lower than expected: Bearish for USD, Bearish for Stocks.

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
Sep 04, 2018
5.14M
5.32M
Aug 01, 2018
5.32M
5.45M
Jul 03, 2018
5.46M
5.44M
Jun 01, 2018
5.44M
5.43M
May 01, 2018
5.42M
5.62M
Apr 03, 2018
5.62M
5.72M
Mar 01, 2018
5.72M
5.77M
Feb 01, 2018
5.77M
6.09M
Jan 03, 2018
6.09M
6.39M
Dec 01, 2017
6.39M
6.56M
Nov 01, 2017
6.56M
6.81M
Oct 03, 2017
6.81M
6.03M
Sep 01, 2017
6.03M
6.21M
Aug 01, 2017
6.21M
5.98M
Jul 03, 2017
5.9M
6.2M
Jun 01, 2017
6.2M
6.42M
May 02, 2017
6.42M
6.32M
Apr 03, 2017
6.32M
6.53M
Mar 01, 2017
6.53M
6.58M
Feb 01, 2017
6.58M
7.26M