by Calculated Danger on 5/13/2024 01:53:00 PM
This graph reveals heavy truck gross sales since 1967 utilizing knowledge from the BEA. The dashed line is the April 2024 seasonally adjusted annual gross sales fee (SAAR).
Heavy truck gross sales actually collapsed throughout the nice recession, falling to a low of 180 thousand SAAR in Could 2009. Then heavy truck gross sales elevated to a brand new file excessive of 570 thousand SAAR in April 2019.
Click on on graph for bigger picture.
Be aware: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.”
Heavy truck gross sales have been at 483 thousand SAAR in April, up from 452 thousand in March, and down 9.4% from 532 thousand SAAR in April 2023.
Normally, heavy truck gross sales decline sharply previous to a recession. Heavy truck gross sales are stable.
