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Friday, April 18, 2014

The Sluggish Recovery for U.S. Heavy Truck Sales

by Calculated Risk on 4/18/2014 12:25:00 PM

Just a quick graph ... heavy truck sales really collapsed during the recession, falling to a low of 181 thousand in April 2009 on a seasonally adjusted annual rate (SAAR) from a peak of 555 thousand in February 2006.  

Sales doubled from the recession low by April 2012 - and have mostly moved sideways since then.

Heavy Truck Sales
Click on graph for larger image.

This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is current estimated sales rate.

As construction - both residential and commercial - picks up, heavy truck sales will probably increase further.