Key Performance Indicators Report — September 2020

Sep 25, 2020

THE SHOP created the Key Performance Indicators Report to provide shop owners with valuable economic and industry data in an accessible, time-saving manner. Click on any of the links below to access that data in this month’s report that will, with any luck, help you navigate this time of uncertainty.

The Brief

Various economic indicators have rebounded over the summer at a greater than expected rate.

State of Business: Automotive Industry

Buoyed by visible signs of recovery, the automotive industry remains resilient during the COVID-19 pandemic.

New and Used Vehicle Sales

While still behind year-over-year numbers, new vehicle sales continue to rise.

Recent Vehicle Recalls

A roundup of recent manufacturer safety recalls.

State of the Economy

Despite a sharp uptick in COVID-19 cases, the economy continues to recover from its second-quarter contraction.

State of the Manufacturing Sector

The manufacturing sector saw its third consecutive month of growth in August.

Consumer Trends

Consumer spending has rebounded, but consumer optimism about the short-term economic outlook is on the decline.