Wednesday, May 30, 2012

Light Weight Trucks and Auto Sales

The lots that sell both used and new vehicles appear to have full inventory.  I have not seen the lots this full in a long time.  How how autos selling compared to 2008?

Sales appear to picking up.  The St. Louis Fed reported sales of 14.3 million in March.  Many jobs are related to auto sales so this must be a good sign.

The Bureau of Transportation Statistics only reported detailed sales through 2010.
As an indicator of the health of the economy, I think sales of autos and lightweight trucks shows an increased confidence in the economy.

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