June was year’s 2nd best increase in auction volume
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FREDERICK, Md. –
Auction volume was up more than 8 percent year-over-year in June, and year-to-date figures continued to hold strong, according to the latest Economic Dashboard from the National Auto Auction Association.
Specifically, the tally for the month of June climbed 8.3 percent against comparable weeks of 2014. Auction volume for the first half of the year was up 7.3 percent, according to the dashboard prepared by NAAA chief economist Ira Silver.
June also represented the largest year-over-year gain in auction volume for any month since January, when volume jumped 10.7 percent.
February’s monthly figure was up 5.4 percent from February 2014, and it was followed by a 4.5-percent gain in March.
Auction volume for April climbed 7.8 percent year-over-year, with May up 7.1 percent.
