-
Recent Posts
- Trump-Flation Persists in Rising Trucking Costs
- Annals of Marketing – 2028 Honda CRVs are Hybrids Only
- GM Announces Two Michigan Solar Generation Facilities
- Bosch – Modular Heating, Cooling for All Engine Types
- Trump Thumped: Sales Slow. Record High New Vehicle Prices
- Loss of Brake Recalls – Cadillac LYRIQs, Chevrolet Blazer EVs
- Annals of Marketing – 2027 Chevrolet Silverado Pickup
- New $3 Billion Honda Plant in Ohio Announced
- U.S. Transportation Unemployment Tops U.S. Unemployment
- Toyota Motor Q2 FY 2027 Results – First Growth in Three Years!
- UAW Voters Persuasive in Trump Mid-Term Rout!
- Annals of Marketing – Dodge Returns to NASCAR
- Acura Begins U.S. Sales of NSX Reproduction Parts
- Lexus Recall for Instrument Panel Display Failures
- Audi to Build First American Plant in Georgia
Recent Comments
- Governor Whitmer Calls on U.S. Treasury to Reimburse Taxpayers for Tariff Costs on Michigan Governor Whitmer Against Trump Tariffs in WSJ
- Governor Gretchen Whitmer on Trump Mis-Administration – Record High Gas Prices Persist
- NHTSA on Steering Loss – Ford Recalls F-Series Trucks
- AAA on AAA – August 20 Gasoline Prices Highest Ever!
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
Archives
Meta
Tag Archives: consumer confidence
Washington Dithers as Unemployment Increases Again
There aren’t enough jobs to reemploy U.S. citizens who want to go back to work, let alone absorb new graduates as tax payers into the economy. The real rate of unemployment is much higher – some critics have at more than 18%. Continue reading
Consumer Confidence Declines as Economic Woes Continue
The Conference Board Consumer Confidence Index decreased in May and now stands at 60.8 (1985=100), down from 66.0 in April. The bad news follows last week’s U.S. unemployment report that says that first time jobless claims soared to 425,000, which means that there is virtually no hiring occurring in the economy as unemployment officially hovers at 9%. The real rate of unemployment is much higher. The latest survey does not bode well for the U.S. auto industry, which is expected to report steep May sales declines tomorrow. Continue reading
