by Calculated Threat on 6/04/2024 02:13:00 PM
This graph exhibits heavy truck gross sales since 1967 utilizing knowledge from the BEA. The dashed line is the Might 2024 seasonally adjusted annual gross sales charge (SAAR).
Heavy truck gross sales actually collapsed in the course of the nice recession, falling to a low of 180 thousand SAAR in Might 2009. Then heavy truck gross sales elevated to a brand new document excessive of 570 thousand SAAR in April 2019.
Click on on graph for bigger picture.
Be aware: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.”
Heavy truck gross sales had been at 512 thousand SAAR in Might, down barely from 512 thousand in April, and down 9.4% from 565 thousand SAAR in Might 2023.
Normally, heavy truck gross sales decline sharply previous to a recession. Heavy truck gross sales are strong.
