AAIA Factbook 2010 - (Page 4)

key eConoMIC InDICaTors U.S. gross domestic product totaled $11.7 trillion in 2008, reflecting a 2.3 percent compounded annual growth rate since 2004. Despite this mild growth, the overall economy saw unfavorable changes in key economic indicators as it headed towards a recession. Some of the most notable changes in the four year compounded annual growth rates occurred in diesel fuel (26.2 percent), the consumer confidence index (-21.7 percent) and housing starts (-17.5 percent). Changes in the U.S. economy were also seen in the weakening of the U.S. dollar relative to other foreign currencies. For example, exchange rates expressed in units per U. S. dollars indicated the broad index declined to 99.83 in 2008 from 113.63 in 2004, reflecting a decline in the compounded annual growth rate of 3.2 percent. As the dollar continued to weaken relative to foreign currencies, total U. S. exports increased at a compounded annual growth rate of 7.8 percent since 2004. key economic Indicators (billions of 2000 Dollars, unless otherwise noted) 2004 Gross Domestic Product and Components Gross Domestic Product (GDP) Personal Consumption Expenditures Durable Goods Nondurable Goods Services Gross Private Domestic Investment Government Expenditure Trade Balance Total Exports Total Imports Interest Rates (Change in points)1 Prime Rate Federal Funds Rate Manufacturing Indicators Industrial Production Indexes (2002 = 100)1 Motor Vehicle Parts Manufacturing (average) Tire Manufacturing (average) Purchasing Managers Index (average)2 2006 2008 Compounded Annual Growth Rate (2004-2008) Assessment $10,675.8 $7,561.4 $1,084.8 $2,177.6 $4,311.0 $1,770.2 $1,931.8 -$593.8 $1,126.1 $1,719.9 4.34% 1.35% $11,294.8 $8,029.0 $1,185.1 $2,335.3 $4,529.9 $1,912.5 $1,971.2 -$615.7 $1,314.8 $1,930.5 7.96% 4.97% $11,671.3 $8,276.2 $1,188.3 $2,381.9 $4,714.8 na $2,071.0 -$388.1 $1,518.6 $1,906.7 5.09% 1.92% 2.3% 2.3% 2.3% 2.3% 2.3% na 1.8% -10.1% 7.8% 2.6% 4.1% 9.2% ¥ ¥ ¥ ¥ ¥ na ¥ l l m ¥ ¥ 103.7 102.7 60.5 100.2 96.8 53.9 $3,887 $9,641 4.6% 110.0 1,801 83.1 85.8 45.6 $4,016 $10,637 5.8% 38.6 906 -5.4% -4.4% -6.8% 3.7% 5.2% 1.3% -21.7% -17.5% m m m l l m m m Consumer Information $3,474 Retail Sales (Billions of Current Dollars)3 Disposable Personal Income (Billions of Current Dollars) $8,681 Civilian Unemployment Rate (Change in points)4 5.5% Consumer Confidence Index (for December)5 102.7 Housing Starts (Thousands of Units)3 1,956 Prices4 Producer Price Indexes Total Manufacturing (Dec. 1984 = 100) Diesel Fuel (June 1985 = 100) Consumer Price Indexes (1982-84 = 100) All Items Motor Vehicle Parts and Equipment Exchange Rates (Units per U .S . Dollar)1 Broad Index (Jan. 1997 = 100) Canada – Dollar China – Yuan European Union – Euro (U.S. Dollars per Currency Unit) Japan – Yen Mexico – Peso Notes: na = not available Historical data have been revised. 142.9 128.2 190.2 108.7 113.63 1.3017 8.2768 1.2438 108.15 11.290 156.9 216.9 202.6 117.3 108.52 1.1340 7.9723 1.2563 116.31 10.906 175.8 325.3 216.2 128.7 99.83 1.0660 6.9477 1.4726 103.39 11.143 5.3% 26.2% 3.3% 4.3% -3.2% -4.9% -4.3% 4.3% -1.1% -0.3% m m ¥ l m m m l m ¥ l = Favorable condition for motor vehicle aftermarket ¥ = Indeterminate trend - should monitor m = Unfavorable condition for motor vehicle aftermarket 4 Sources: AAIA’s Industry Indicators Report, U.S. Department of Commerce 1 Federal Reserve Board 2 Institute for Supply Management 3 U.S. Census Bureau 4 U.S. Department of Labor 5 The Conference Board 2 0 1 0 d i g i t a l a f t e r ma rk et f a ctb o o k c op y r i g h t © 2 0 0 9 a uto mo ti ve a f terma rk et i ndustry associat ion http://pages.nxtbook.com/nxtbooks/mercury/aaiafactbook2010/docs/Page_04_Key_Economic_Indicators.xls

Table of Contents for the Digital Edition of AAIA Factbook 2010

AAIA Factbook 2010
Contents
Economic and Financial Indicators
Key Economic Indicators
Aftermarket Employment
Technician Employment and Wages
Aftermarket Mergers and Acquisitions
Financial Profiles of Selected Aftermarket Companies
U S Motor Vehicle Aftermarket
Channel Forecast Model
Census Review and Forecast Assumptions
U.S. Motor Vehicle Aftermarket
Size of the Automotive Aftermarket
Aftermarket Sales by Distribution Channel
Aftermarket Service and Retail Channels
Program Distribution Summary
Automotive Aftermarket
Consumer Profile
Sales of Replacement Tires
Replacement Rates for Motor Vehicle Parts and Jobs
Accessories
Aftermarket Accessories
Chemicals and Fluids
Automotive Chemicals and Fluids
Aftermarket Segments
Medium and Heavy Duty Truck Aftermarket
Paint, Body and Equipment Aftermarket
Tool and Equipment Aftermarket
Vehicle Sales, Usage and Registrations
U.S. Motor Vehicle Sales
Top 10 Light Vehicle Sales
U.S. Motor Vehicle Population
Hybrid Vehicles
Vehicle Operating Costs
Gasoline Affordability and Vehicle Miles Traveled
State Summary Statistics
State Summary Statistics
Global Aftermarket
Global Economic and Automotive Data
Global Vehicle Registrations
Canadian Aftermarket
Mexican Aftermarket
Chinese Aftermarket
Glossary and Reference
Glossary of Aftermarket Terms
NAICS Definitions
Aftermarket Data Resources
Aftermarket Data Resources
AAIA Market Research
AAIA Market Research
AAIA – Lang Market Comparison
Harmonization of Aftermarket Industry Data

AAIA Factbook 2010