Tuesday, August 23, 2011

Light Vehicle Sales and the NFP Report

I'm really dreading ADP/NFP week. It's my least-favorite week of the month. This month, I propose we all stop getting our collective panties in a bunch over a meaningless data-point that is subject to huge revisions and instead use a little common-sense and keep it simple.

You know what people are going to do when they get a job? Buy a car. Why do I think so? Because financing rates are low, deals are good, the fleet is old, and the sales have been depressed for three years. Don't believe me?

Red: SAAR Light-vehicle sales divided by the total population estimate
Green: Total non-farm private payroll divided by the total population estimate

Blue: SAAR Light-vehicle sales divided by the total population estimate (inverted scale)
Red: Civilian Unemployment Rate

6 comments:

  1. thanks for this info!

    ReplyDelete
  2. Your blog is really impressive, you included much knowledge for us. It genuinely had good content. Thanks for sharing this. lexus es with chauffeur in dubai | mercedes s class with chauffeur in dubai

    ReplyDelete
  3. that any special offers available are on good quality vehicles and all inclusive packages. Some companies will sell cheap packages on price, and then the customer finds out that not everything they need is within that package, or the vehicle is old and not particularly comfortable or reliable. Luxury car rental Miami

    ReplyDelete
  4. Wow, What a Excellent post. I really found this to much informatics. It is what i was searching for.I would like to suggest you that please keep sharing such type of info.Thanks Satta 786

    ReplyDelete
  5. Thanks for sharing such great knowledge with us. Looking for some more information from your blog. Want luxury car rental but your budget is tight? Miami's finest know you want to look good on the open road. That's why they provide the best selection of quality, discounted Mercedes Car Rental

    ReplyDelete
  6. Recreation vehicles providers will frequently attempt to sell the fantasy of what opportunity the RV offers to individuals, everything being equal.
    Air Down Gear Up

    ReplyDelete

Do the right thing.