November 4, 2024

Unit car and truck sales rose 1.7% in October to 16.038 million after climbing 2.9% in September.  Car sales seem to be plodding along at roughly the same pace as they have throughout the past year in a range from 15.5-16.0 million.

We saw GDP growth of 2.8% in the third quarter.  That should be followed by 2.5% GDP growth in the fourth quarter.

Stephen Slifer

NumberNomics

Charleston, SC