RV sales could be an indicator of a smoother ride for the economy

Apr 1, 2024
Sales of these expensive vehicles peaked in 2021, decelerated by more than 50% last year, and are starting to turn up again. That can tell us something about the economy overall.
"RVs do extraordinarily well in predicting business cycles because they’re such a big, volatile consumption piece for most American consumers," says economist Michael Hicks.
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Car market could be boring in 2024. That's good.

Dec 26, 2023
The tumult in car prices moderated in 2023. Expect more of the same next year.
In recent years, the semiconductor shortage made new cars scarce. Now, the vehicle  industry is back to normal-ish.
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New car sales have slowed amid higher prices and interest rates

Mar 6, 2023
There are plenty of cars on lots, unlike a year ago. It's buyers who are in short supply.
Supply is higher than it has been, but new car prices are averaging around $50,000 and interest rates remain elevated. That means many buyers are staying away.
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Vehicle demand is finally slowing down

Dec 29, 2022
Demand for autos has been strong throughout the pandemic. But in recent months, demand has been softening, thanks in part to rising interest rates and elevated prices.
Used cars are displayed at a dealership in New York City.

Looking for a used car? You might have better luck ... soon.

Jul 21, 2022
Prices are still high, but demand is slackening and inventory is catching up, AutoNation reports.
Used car prices are up more than 40% since before the pandemic, says Michelle Krebs of Cox Automotive.
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Vehicle sales tell story of separate economic realities

Jan 15, 2021
The average selling price of new vehicles reached a record high in late 2020. Last year also saw vehicle loan debt increase to record levels.
Prices rose in both the new and used vehicle markets last year.
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