Total Vehicle Sales
Total Vehicle sales released by the
Autodata Corp. measures vehicle sales in the U.S. It is considered as an indicator for consumer confidence. The data measures the monthly sales of new Cars and Trucks. These sales comprise approximately 25% of total retail sales.
Market Reaction:
Auto Sales Up – Dollar Up ⬆
Auto Sales Down – Dollar Down ⬇
A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
