Shed Sales should see movement

Posted on : August 16, 2011

Previously Shedeye has tried to predict Shed Sales by looking at Car Sales trends.

Pending no consumer confidence melt down, an unfortunate possibility after the last couple of weeks of unjustified panic, things are looking up, a little.

Take the Short Term view of Car Sales from up until May

 

An now look at the same graph with figures up until July, there is a definite improvement and the downwards trend has stopped.

 

 

And the long term up until may.

 

 

Now with figures up until July.  This may be  indicative of an upwards trend.  That said the events of the last couple of weeks may put another dent in the car sales recovery.

 

Looking more closely the trend has seen a decrease of 0.2% from June 2011 to July 2011. However seasonally adjusted there has been an 8.6% increase from June 2011 to July 2011.

It would be interesting to see if car dealers are cutting prices and compare this to the current round of shed price cuts. There has been a wide spread cut (not all) in shed prices from distributors to try and ensure that they can take a cut of the smaller pie.

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