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.
Source: Automobile manufacturers
Frequency: Every 10 days (three times per month).
Availability: Three business days after the end of the period.
Likely Impact on Financial Markets:
Stock Prices: ….
Exchange Rates: ....
Ability to affect markets:.
Analysis of the indicator: