VP, Editorial and Partner Development
Economic forecasts for 2014 predict slow improvement, with GDP rising by approximately 2.5%; the Federal Reserve has offset this impact by indicating they will keep interest rates at zero for an extended period of time. The expected overall macro impact for ALG’s January/February 2014 edition compared to November/December 2013 edition is -0.1 percentage points (ppts).
This Edition is Similar to January/February 2013 Edition:
When macro changes caused a -0.2- ppt decline in residuals.
At Industry Level, Used Supply Forecast Was Flat for this Edition:
With no meaningful impact to residuals.
Segment-level Supply Changes Vary, But on Average Has Neutral Impact:
Ranging from -0.5 ppts for Premium Subcompact to +0.3 ppts for Premium Fullsize.