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Data: Manheim Used Vehicle Value Index (Cox Automotive). Chart: Axios Visual

At the risk of sounding like a broken record: Used car prices are still going up.

Driving the news: Wholesale vehicle prices, or what dealers pay, rose 3.9% in November, putting the year-over-year increase at 43.5%.

The big picture: Price growth in used vehicles, the poster child for supply chain disruption, is slowing — after a 9.2% surge in October.

  • "Wholesale prices appear to have peaked the week before Thanksgiving as weekly prices have declined slightly in each of the last 2 weeks," wrote Jonathan Smoke, chief economist at Cox Automotive, which compiles the Manheim vehicle index.

Yes, but: Retail price trends lag wholesale — and for now, retail prices continue to increase, Smoke said.

Go deeper

Corporate America's incredibly profitable pandemic

Expand chart
Data: S&P Dow Jones Indices; Chart: Thomas Oide/Axios

Companies are about to blast out a blizzard of quarterly profit and sales numbers over the next few weeks, as the carnival of Q4 corporate results kicks off.

Driving the news: Large banks will open the floodgates, issuing reports early Friday that mark the unofficial start of earnings season on Wall Street.

Jan 13, 2022 - Health

The cost of testing

Expand chart
Note: Prices vary within countries. France and Malaysia prices reflect legal price caps. Data: Axios research; Chart: Axios Visuals

The average cost of a single at-home rapid COVID test is about $12 in the U.S., more than twice the cost of a test in France and more than three times as much as in India.

The big picture: Places like Canada and the U.K. make tests available for free.

Retail sales slipped a surprising 1.9% in December

Shoppers in San Francisco on Dec. 22. Photo: David Paul Morris/Bloomberg via Getty Images

Retail sales fell 1.9% in December compared to the previous month, suggesting that shoppers bought holiday gifts earlier last year as they faced rising inflation and supply chain issues.

Driving the news: The data is much lower than the 0% change predicted by economists, according to FactSet.