Tag Archives: auto

From the Desk of Robert Dye

Taking Auto Sales Out for a Test Drive Data from the Bureau of Economic Analysis shows that U.S. light vehicles sales bottomed out in the Great Recession in February 2009, at a 9.0 million unit sales rate. Auto sales have … Continue reading

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February ADP Jobs, Auto Sales

Jobs and Cars Signal Healthy Consumer Sector The February ADP Employment Report showed a gain of 214,000 private-sector jobs. February Auto Sales ticked down slightly to a 17.5 million unit rate. Our thesis for this year is that consumer spending … Continue reading

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January ADP Jobs, ISM Non-MF Index, Auto Sales

Jobs Increasing, Cars Driving, Service Sector Expanding, but at a Slower Rate The January ADP Employment Report showed a gain of 205,000 private-sector jobs. The ISM Non-Manufacturing Index for January dipped again to a still-positive 53.5 percent. January Auto Sales … Continue reading

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December ADP Jobs, ISM Non-MF Index, Auto Sales, November Trade

Data Support Case for Ongoing Momentum in 2016 The December ADP Employment Report showed a strong increase of 257,000 private-sector jobs. The ISM Non-Manufacturing Index for December dipped to a still-positive 55.3 percent. December Auto Sales missed expectations, easing to … Continue reading

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May ADP Employment, Auto Sales, ISM MF and Non-MF, April Trade

U.S. Data Improves, Consistent with 2015 GDP Ramp-Up After Dismal Q1 Private-Sector Employment increased by 201,000 jobs in May, according to ADP. Light Vehicle Sales zoomed to a 17.8 million unit annual rate in May. The ISM Manufacturing Index for … Continue reading

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February International Trade, March Auto Sales and UI Claims

Trade Gap Narrows, Autos Sales Jump, Claims Fall, Life is Good The U.S. International Trade Gap narrowed to -$35.4 billion in February. Light Vehicle Sales accelerated to a 17.2 million unit annual rate in March. Initial Claims for Unemployment Insurance … Continue reading

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January ADP Employment, ISM Non-Manufacturing Index, Auto Sales, Rig Count

January Numbers Point to Ongoing Momentum While Oil Patch Consolidates The January ADP Employment Report showed an increase of 213,000 private-sector jobs. The ISM Non-Manufacturing Index for December increased to a still-positive 56.7. Light Vehicle Sales for January eased to … Continue reading

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January Rig Count, December ADP Employment, ISM Non-MF Index, Auto Sales, November Trade

U.S. Economy Finishes 2014 Strong, Oil Prices and Rig Count Still Sliding The December ADP Employment Report showed a strong gain of 241,000 private-sector jobs. The ISM Non-Manufacturing Index for December eased to a still-positive 56.2. Light Vehicle Sales for … Continue reading

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June ADP Employment and Auto Sales, May Factory Orders

Workers Get Jobs and Buy Cars, Equity Markets Rally, Happy Fourth! June’s ADP Employment Report showed a robust increase of 281,000 private-sector jobs. June Auto Sales revved up to a 17.0 million unit annual rate. Factory Orders decreased by 0.5 … Continue reading

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Nov. ADP Employment, ISM Indexes, Auto Sales, New Home Sales, Oct. Trade

Better Economic Data for Fed to Contemplate The ADP Employment Report for November showed an increase of 215,000 private sector jobs. The November ISM Manufacturing Survey PMI improved to a solid 57.3 percent. The November ISM Non-Manufacturing Survey’s Purchasing Managers’ … Continue reading

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