• Long-Term Auto Sales Trends Paint A Bearish Picture

    2 monthes ago - By ETF Daily News

    From Jill Mislinski : For the past few years, we've been following a couple of transportation metrics: Vehicle Miles Traveled and Gasoline Volume Sales. For both series, we focus on the population adjusted data.
    Let's now do something similar with the Light Vehicle Sales report from the Bureau of Economic Analysis. This data series stretches back to January 1976. Since that first data point, the Civilian Noninstitutional Population Age 16 and Over (i.e., driving age, not in the military, or an inmate) has risen about 67%.
    Here is a chart, courtesy of the FRED repository, of the raw data...
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