by Calculated Risk on 7/02/2025 09:44:00 AM
This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the June 2025 seasonally adjusted annual sales rate (SAAR) of 435 thousand.
Note: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.”
Click on graph for larger image.
Heavy truck sales were at 435 thousand SAAR in June, down from 450 thousand in May, and down 1.4% from 442 thousand SAAR in June 2024.
This is the lowest sales rate since January 2022.
Year-to-date (NSA) sales are down 6.2%.
Usually, heavy truck sales decline sharply prior to a recession and sales were a little soft recently.