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Record 13.2% Of Americans Plan To Buy Car Or Truck Soon
IBD's Capital Hill ^
| 2/22/2011
| Ed Carson
Posted on 02/22/2011 11:12:35 AM PST by Slyscribe
The share of Americans planning to buy an auto in the next six months rose to 13.2% this month, easily the highest reading since the Conference Board began tracking this measure in 1978. Auto sales for GM(GM), Ford (F) and others have been hot in recent months.
Auto loan credit approvals for first-time buyers have risen for the first time since the start of the recession, climbing 4.5% since October, LeaseTrader.com said.
(Excerpt) Read more at blogs.investors.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: autos; confidence; economy; housing
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To: Slyscribe
"Record 13.2% Of Americans Plan To Buy Car Or Truck Soon"
Ah...teachers and other government employees, contractors, dependents,... So? They won't realize the direction of the economy, until it smacks them.
41
posted on
02/22/2011 6:16:32 PM PST
by
familyop
("Don't worry, they'll row for a month before they figure out I'm fakin' it." --Deacon, "Waterworld")
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