June 2015 was 2nd best increase in auction volume

Auction volume was up more than 8 percent year-over-year in June, and year-to-date figures continued to hold strong, according to the latest Economic Dashboard from the National Auto Auction Association.

Specifically, the tally for the month of June climbed 8.3 percent against comparable weeks of 2014. Auction volume for the first half of the year was up 7.3 percent

Percent Change From Comparable Period, Previous Year
Month Percent Change
January 10.7%
February 5.4%
March 4.5%
April 7.8%
May 7.1%
June 8.3%
Indicator Percent Change
Prior Year Year-To-Date
Auction Volume* 7.1% 7.1%
New Auto Sales 6.3% 5.5%
Employment 2.2% 2.3%
Unemployment Rate 5.5% 5.5%
* For comparable weeksPosted 6/9/15
Indicator Percent Change
Prior Year Year-To-Date
Auction Volume* 8.3% 7.3%
New Light Vehicle Sales 1.5% 4.8%
Employment 2.1% 2.2%
Value YTD Average
New Light Vehicle Sales (Units, Millions) 17.1 16.8
Employment (Change, Thousands) 223 208
Unemployment Rate 5.3% 5.5%
* For comparable weeksPosted 7/13/15

June also represented the largest year-over-year gain in auction volume for any month since January, when volume jumped 10.7 percent.

February’s monthly figure was up 5.4 percent from February 2014, and it was followed by a 4.5-percent gain in March.

Auction volume for April climbed 7.8 percent year-over-year, with May up 7.1 percent.

Source: Auto Re-marketing and http://naaa.com

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