August auto sales were less dismal than July. But don’t uncork the champagne quite yet.
Category Archives: autos
Economic consequences of falling oil prices
I’ve maintained that rising oil prices put a significant burden on the U.S. economy in recent months. How much will falling oil prices help to alleviate those concerns?
Oil prices, autos, and the U.S. economy
It’s instructive to compare what’s currently happening to the auto sector and the U.S. economy with what we saw in the wake of the 1990 oil shock.
Quarter 2 may come out OK, but challenges remain
At least that’s the assessment of Federal Reserve Bank of San Francisco economist John Fernald (hat tip: Mark Thoma).
Recession and the oil shock of 2008
Unfortunately, this seems to be unfolding according to script.
The oil shock of 2008
Time to reassess the potential for recent oil price increases to contribute to an economic downturn.
Gasoline prices: consumers and politicians respond
The trend is clear: demand is down and complaints are up.
Downturn in auto sales continues
Automobile sales do not bode well for first-quarter GDP.
It’s not just housing any more
Not a good start to the week week for those holding on to hopes that the U.S. will avoid a recession.
January auto sales
Detroit continues its slow bleed.