National Auto Auction Association
Auction unit volume continued to have a steady pace this summer, with June seeing volume up 8.3% over the previous year and July performing at 7.7% over July 2014. Year-to-date, volume was up 7.4% by the end of July over the first seven months of 2014. While the numbers were down in February and March, they’ve been well over 7% in increases since April.
Auction Volume Saw Much Higher Increase in June at 8.3% Versus 7.7% in July:
However, June saw a lower year-to-date level – at 7.3% in June versus 7.4% in July.
New Hire Rates Stayed Steady during June and July with Over 200K for Month:
Unemployment rates stayed same at 5.3% from previous year and 5.5% YTD.
New Vehicle Sales Increased their Volume in July Rising to 17M SAAR for Year:
August saw the volume stay strong toward topping 17M for first time since 2001.