United States

The Growth of New Car Prices in the U.S.

New car prices have soared in recent years.

As a result, those looking for a cheap new car have very few options in today’s market. While average transaction prices for new cars declined 1.4% year-over-year as of October, they have increased to an average price of $47,936—roughly a 60% increase over the last decade.

This graphic shows the steep rise in new car costs, with data from Cox Automotive.

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Per Capita Electricity Emissions by State

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How Manufactured Goods Dominate the U.S. Trade Deficit

The United States has had many major trading partners over the decades, with annual imports and exports from them both totaling trillions of dollars.