Tag Archives: jobless recovery

U.S. September Sales Up from ‘10. SAAR Weak at 12.9 Million

This is the first time the retail selling rate would be above 10 million units since the 10.8 million-unit rate in April, if the J.D. Power and Associates projection holds up. Nonetheless, sales are far, far below the 16-17 million unit SAARs of last decade as a jobless recovery continues with record levels of long-term unemployment. Continue reading

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