Chart 8. One-month percent change in total vehicle sales, millions of units, monthly, seasonally adjusted annual rate, January 2019–December 2022
Date Percent change

Jan 2019

0.0

Feb 2019

-1.9

Mar 2019

4.5

Apr 2019

-4.7

May 2019

4.9

Jun 2019

-0.3

Jul 2019

-0.7

Aug 2019

0.5

Sep 2019

0.8

Oct 2019

-1.9

Nov 2019

1.3

Dec 2019

-0.6

Jan 2020

-1.3

Feb 2020

-1.5

Mar 2020

-31.5

Apr 2020

-23.6

May 2020

38.2

Jun 2020

7.6

Jul 2020

13.6

Aug 2020

4.2

Sep 2020

6.3

Oct 2020

2.3

Nov 2020

-3.5

Dec 2020

2.6

Jan 2021

2.4

Feb 2021

-7.0

Mar 2021

13.1

Apr 2021

2.4

May 2021

-7.9

Jun 2021

-8.3

Jul 2021

-4.4

Aug 2021

-10.5

Sep 2021

-5.6

Oct 2021

7.3

Nov 2021

-0.9

Dec 2021

-2.7

Jan 2022

18.0

Feb 2022

-8.9

Mar 2022

-1.1

Apr 2022

5.2

May 2022

-11.5

Jun 2022

3.7

Jul 2022

2.1

Aug 2022

-0.5

Sep 2022

2.7

Oct 2022

11.8

Nov 2022

-5.8

Dec 2022

-6.6

Note: The periods of stimulus payments are April 2020, December 2020–January 2021, and March 2021.

Source: Author's calculations based on data from the U.S. Bureau of Economic Analysis.