by Calculated Risk on 11/13/2022 11:01:00 AM
This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the October 2022 seasonally adjusted annual sales rate (SAAR).
Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. Then heavy truck sales increased to a new all-time high of 570 thousand SAAR in April 2019.
Note: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.”