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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Domestic Car Sales fell to 3.93 in July 2018
FMPMonthlyReleased August 2018
US Domestic Car Sales fell to 3.93 in July 2018, released August 2018, down 0.02 from June's 3.95 reading. The reading matched the 3.9 consensus. The print is running well below the 12-month average of 4.32. Over the past 3 months, Domestic Car Sales averaged 3.94, vs 4.04 in the prior 3-month window. The reading is in the 13th percentile of the trailing 24-month range.
Latest Release
3.93
Actual
3.9
Consensus
3.95
Previous
Median Absolute Error
±0.07 million
across last 12 releases
Last Call
Aug 2018
Predicted: 3.87
Actual: 3.93
Error: -0.06
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The August 2018 reading fell from the previous value of 3.95. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.07. Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks) and negatively correlated with EUR/USD (Bearish EUR).
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Domestic Car Sales - US
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