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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Domestic Truck Sales fell to 9.14M in July 2018
FMPMonthlyReleased August 2018
US Domestic Truck Sales fell to 9.14M in July 2018, released August 2018, down 0.33M from June's 9.47M reading. The reading matched the 9.25M consensus. Year-over-year, the indicator is up 0.46M. Over the past 3 months, Domestic Truck Sales averaged 9.35M, vs 9.33M in the prior 3-month window. The reading is in the 56th percentile of the trailing 24-month range.
Latest Release
9.14
Actual
9.25
Consensus
9.47
Previous
Median Absolute Error
±0.38 million
across last 12 releases
Last Call
Aug 2018
Predicted: 9.35
Actual: 9.14
Error: +0.21
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 RELEASE
Domestic Truck Sales (United States) was reported at 9.37 million in September 2018. The reading rose from the previous value of 9.14 million.
WHY IT MATTERS
The trailing three releases averaged 9.37 million, up from the prior three at 9.34 million.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.38 million.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update September 2018.
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Domestic Truck Sales - US
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About Domestic Truck Sales — United States
DEFINITION
Domestic Truck Sales is a financial indicator that measures the total number of trucks sold within a country during a specific period of time. This indicator is used to assess the strength of the domestic economy, as truck sales are closely tied to consumer and business spending. It is also a key indicator for the transportation and manufacturing industries, providing insights into the demand for goods and services. Changes in domestic truck sales can impact the overall economic growth and can be used by investors and analysts to make informed decisions.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2018): actual 9.37 M. Prior reading (Jul 2018): 9.14 M. Before that (Jun 2018): 9.61 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.