After a weather-ravaged January and February, retail sales per rooftop look to have recovered in March. Our preliminary estimate shows a 6.2 truck average, putting the month slightly above the long-term, post-recovery average of 6.0. The recovery is in line with our previous predictions. Volume should be healthy going forward, thanks to the ample supply and continued strong demand for late-model iron. See graph below for detail.

Look for deeper analysis in the April edition of Guidelines, available late tomorrow.