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- Rivian Automotive Recall for ~100,000 Bad Rearview Cameras
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- CARB Adopts Rules Supporting Use of E15 Gasoline
- Gasoline Prices Heading for New September Record!
- ACEA – Hybrids Top August EU Car Registrations
- Volkswagen Debuts In-Vehicle Gaming on Some 2027 Models
- By the Seat of Their Pants – Premium Seats Lag in Quality?
- September 2026 Light Vehicle Production Forecast So-So
- California Keeps Growing as It Cuts Climate Emissions Again
- Chrysler Recalls 97,349 Jeeps for Flying Roof Racks
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- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
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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
