Wednesday, March 3, 2010
Car sales dipped in February, but over the past year they are up 13.7%. Nothing moves in a straight line, but it seems to me that the upward trend here is clear (especially if you abstract from the temporary gyrations caused by cash-for-clunkers program last August). The bounce we've seen in the past year is about as strong as any we've seen coming out of prior recessions.
Posted by Scott Grannis at 10:09 AM