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Final Auto Numbers: Total Sales Down 4.6%, Much Worse Than Expected

Friday, July 1, 2016 22:07
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(Before It's News)

mishtalk.com / By Mike “Mish” Shedlock / July 1, 2016 6:00:00

Earlier today domestic auto sales came in a bit weaker than expected. Total numbers are now out. And they are much worse than expected.

The Bloomberg Econoday consensus estimate for total vehicle sales in June was 17.3 million at a Seasonally Adjusted Annualized Rate (SAAR). The actual report shows 16.7 million SAAR sales.

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The post Final Auto Numbers: Total Sales Down 4.6%, Much Worse Than Expected appeared first on Silver For The People.



Source: http://silveristhenew.com/2016/07/01/final-auto-numbers-total-sales-down-4-6-much-worse-than-expected/

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