U.S. Motor Vehicle Sales Rose 6.9% In July
U.S. total motor vehicle sales rose 6.9% to 12.2 million SAAR in July. On year level motor vehicle sales are up 5.4%.
Global Macro Perspectives
U.S. total motor vehicle sales rose 6.9% to 12.2 million SAAR in July. On year level motor vehicle sales are up 5.4%.
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MBA mortgage applications rose 7.1%; Prior reading was a fall of 5.0%; On year level MBA Basic Index is down 22.6%.
ADP Employment rose 114,000 in July vs. revised (down 12,000) gain of 145,000 in June.
Challenger’s count of layoff announcements was reported at 66,414 in July vs. 41,432 in June.