Friday, July 18, 2014

The Recovery for U.S. Heavy Truck Sales

by Calculated Risk on 7/18/2014 01:52:00 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 were above 382 thousand (SAAR) in June (after increasing to over 400 thousand SAAR in April for the first time since 2007).

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.

The recovery for heavy truck has slowed, but as construction for both residential and commercial picks up, heavy truck sales will probably increase further.