SEMA eNews Vol. 22, No. 43, October 24, 2019

SEMA Industry Indicators: U.S. Economy Remains on Relatively Stable Footing

By Kyle Cheng

  Market Research
Check out the “SEMA Industry Indicators Report” each month to learn how movements in the broader economy may impact your business strategy.
   

While data continues to suggest slowing, the overall U.S. economy remains on relatively stable footing and recession fears have passed for now. Consumer sentiment, while off its highs, remains elevated. Workers are enjoying a very tight labor market that has pushed unemployment rates to historically low levels. At the same time, trade tensions continue to impact both near-term economic performance and the broader outlook.

Want more information on the trends affecting the specialty-equipment industry? Check out the “SEMA Industry Indicators Report” each month to learn how movements in the broader economy may impact your business strategy. In this report, published monthly, you’ll get a snapshot of the overall economy and our industry, including:

  • Overall economic outlook.
  • New vehicle sales and statistics on auto-parts production.
  • Consumer sentiment and spending.
  • Economic growth and unemployment.
  • Other important industry insights.

To learn more, download the October “SEMA Industry Indicators Report,” now available for free at www.sema.org/research.

 

 

 

Rate this article: 
No votes yet