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Light Vehicles Sales "Beat the tariff" at 17.3 million SAAR in April

Wards Auto released their estimate of light vehicle sales for April: Tariff-Induced Buying Pumps U.S. Light-Vehicle Sales for Second Month in April (pay site).
Tariff-related buying lifted sales over …

3 days ago

Personal Income increased 0.5% in March; Spending increased 0.7%

The BEA released the Personal Income and Outlays report for March:
Personal income increased $116.8 billion (0.5 percent at a monthly rate) in March, according to estimates released today by the U.S…

BEA: Real GDP decreased at 0.3% Annualized Rate in Q1

From the BEA: Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)
Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February…

7 days ago

Schedule for Week of April 27, 2025

The key report scheduled for this week is the April employment report.

Other key reports include the advance estimate of Q1 GDP, March Personal Income and Outlays, February Case-Shiller house prices…

9 days ago

April Vehicle Forecast: Sales at 17.4 million SAAR, Up 8.6% YoY

From WardsAuto: Pre-Tariff U.S. Light-Vehicle Sales Surge Continues in April, Sapping Dealer Inventory (pay content).  Brief excerpt:
If the forecast holds firm, inventory will fall below the year-ago…

26 days ago

Recession Watch Metrics

Early in February, I expressed my "increasing concern" about the negative economic impact of "executive / fiscal policy errors", however, I concluded that post by noting that I was not currently on r…

30 days ago

31 days ago

34 days ago

Schedule for Week of March 30, 2025

The key report scheduled for this week is the March employment report on Friday.

Other key reports include the February Trade Deficit and March Auto Sales.

For manufacturing, the March ISM Manufact…

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