June 2, 2026

Unit car and truck sales climbed by 0.4% in May to a 16.1 million pace after declining 1.0% in April.

Car sales bounce around a lot from month to month.  There is a sense that the pace of consumer spending has been slowing down which is true, but only slightly.  The reality is that car sales have been quite steady.  In 2024 car sales averaged 15.9 million.  In 2025 car sales averaged 16.2 million..  In May they are at 16.1 million.

Look for GDP growth of 3.0% for the second quarter of this year and 2.4% for the year as a whole..

Stephen Slifer

NumberNomics

Charleston, SC