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.”
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.