Does the expected strong 2006:Q1 GDP report mean that the economy will shrug off the recent resurgence of gas prices?
Category Archives: autos
Autos limp forward
Could be better, could be worse.
Autos and the U.S. economy
A number of analysts have suggested that autos play a much less significant role in the U.S. economy today than they have historically. The data from 2005 would seem to call that conclusion into question.
2005: the oil shock that didn’t bite?
All but one of the recessions in the United States since World War II have been preceded by a dramatic increase in oil prices. Did we escape unscathed in 2005?
Facing the latest economic data
Here are a few thoughts about some of the economic news that’s been coming in over the last few weeks.
Gasoline prices down
Gas prices have dropped a lot, and further declines are in sight. What’s that mean for fuel demand and the overall economy?
Ford joins the club
Having commented on a number of occasions about General Motors’ woes, and striving to be an Equal Opportunity PunditTM, it’s only fair to give credit where credit is due. Ford this week showed that it can compete with the best of them in terms of losing money,
posting a loss on its North American operations of $1.2 billion for the third quarter and $2.4 billion over the last 15 months. I’m not sure what advice to give Ford. But here’s what I think we might expect from U.S. policy makers.
GM losses and other economic news
No matter how amazing your accomplishments, it’s always nice to try to set your goals even higher. I was pretty impressed when General Motors managed to lose $1.2 billion on its North American operations in the second quarter of this year. But yesterday GM announced it had outdone even this, losing $1.6 billion on its North American operations in the third quarter.
What’s good for GM…
U.S. automakers can’t be very pleased about September sales figures.