You know what people are going to do when they get a job? Buy a car. Why do I think so? Because financing rates are low, deals are good, the fleet is old, and the sales have been depressed for three years. Don't believe me?
Red: SAAR Light-vehicle sales divided by the total population estimate Green: Total non-farm private payroll divided by the total population estimate |
Blue: SAAR Light-vehicle sales divided by the total population estimate (inverted scale) Red: Civilian Unemployment Rate |