The weak performance of auto sales continues, with a new twist.
Category Archives: autos
November auto sales down modestly
Weakness in autos, but it’s not as bad as it could be.
Well then, would $100 a barrel worry you?
A week ago I reviewed the reasons why $90-a-barrel oil by itself would not be enough to cause an economic recession. As oil prices charged up to $96 on Friday, a reporter asked me at what price I’d change my mind.
Not all the news is bad
We’ve been dwelling here quite a bit on the bleak incoming housing data. But I have to admit that I’m not seeing that spilling over so far into some of the other key economic indicators.
August auto sales
August light-vehicle sales give us an early indication of how the real side of the economy is holding up under the financial turmoil that began August 9. And the results are not too bad, considering.
July auto sales
This is not just another bad sales month.
June auto sales
Not a good month for the domestic automakers.
Auto sales improve in May
Yet another one of my chief worries gets some relief from new data.
New study of the effects of oil price shocks on the economy
University of Michigan Professor Lutz Kilian, whose research we’ve often highlighted here ([1], [2]), and Michigan Ph.D. candidate Paul Edelstein have an interesting new paper on how energy price changes affect the economy.
Auto sales down in April
The number of new cars and light trucks sold in America was down nearly 8% in April relative to the previous year. That’s a significant deterioration of the recent downward trend, but not yet a catastrophic plunge.