Yet another one of my chief worries gets some relief from new data.
Sales of domestically manufactured autos were up 5.9% in May 2007 over May 2006, and up 8.9% from May 2005:
And despite the high gasoline prices and struggling residential construction sector, domestic light truck sales were also up 2.9% from the previous year:
On the other hand, sales of Toyota hybrids more than doubled from the previous year:
It takes a lot of determination to stay pessimistic about the economy this month.