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Tag Archives: Covid
NADA Predicts 2022 New-Vehicle Sales of 15.4M, up 3.4%
Whether such long-term predictions are of any use is an open question at AutoInformed given the volatility of the ongoing COVID pandemic. Consider that 2021 closed with new-light vehicle sales of 14.93 million units, an increase of 3.1% compared to 2020’s sales volume of 14.47 million units. However, December 2021’s SAAR totaled just 12.44 million units, a decrease of -23.7% compared to December of 2020. Continue reading
Ongoing COVID Related Problems Just Discovered. Michigan Experiencing Increase in Legionnaires’ Disease?
As many buildings are currently reopening after extended COVID-19 closures or periods of limited use, this may also create an environment for potential amplification and transmission of Legionella bacteria. Between 1 July 1 and 14 July 107 cases of Legionnaires’ disease have been reported in 25 counties. Continue reading
US Household Pulse – 32% Face Eviction or Foreclosure
Roughly 20% of adults expect someone in their household to experience a loss in employment income in the next 4 weeks, based on responses collected March 3 to March 15. Crueler, 31.5% report eviction or foreclosure in the next two months is “somewhat or very likely.” Continue reading
Posted in economy, people
Tagged auto industry commentary, autoinformed, autoinformed.com, Census Household pulse survey, Covid, Ken Zino
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Covid Curse – EU Sales Drop 19% in February, -22% YTD
With 771,486 units registered across the EU region, according to ACEA, this marked the lowest February total on record since 2013. All four major EU markets recorded losses last month. Italy posted the smallest drop (-12.3%), while the other markets faced stronger deterioration: Germany (-19.0%), France (-20.9%) and Spain (-38.4%). Continue reading
Posted in economy, sales
Tagged acea, auto industry commentary, autoinformed, autoinformed.com, Covid, Ken Zino
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Transportation Unemployment Now at Pre-Pandemic Levels
This means that the July 2022 rate – by falling 3.1 percentage points from 7.3% in July 2021 – is now same as the pre-pandemic July level of 4.2% in July 2019. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May 2020 and July 2020 under the failed policies and denials of what would become the voted-out Trump Administration in November 2020. Thus the Biden Administration policies continue to strongly benefit the economy and US workers. Continue reading →