Importance: **

Definition:  Car Sales is the first piece of economic data released every month.  It is a leading indicator of economic activity.  Also it is the first indicator to turn down when the economy goes into recession and the first to rise when it rebounds.

Related Indicators:

Source: Automobile manufacturers

Frequency: Every 10 days (three times per month).

Availability:  Three business days after the end of the period.

Direction:

Timing:

Volatility: Moderate

Likely Impact on Financial Markets:

        Interest Rates:

        Stock Prices: ….

         Exchange Rates: ....

Ability to affect markets:.

Analysis of the indicator:

Web Links: