-
Recent Posts
- Ford Motor Posts Q1 2026 Operating Net of $2.5B
- Penske Automotive Group Posts Q1 2026 Net of $234.5M
- Volvo Cars Q1 2026 Earnings per Share Rise
- GM Canada to Build Next-Generation Truck V8 Engines
- IIHS – Drivers More Likely To Use Phones While Speeding
- GM Posts $2.6B Q1Net on $46.3B Revenue. Ups Guidance
- NHRA Charlotte – Cobra Jet 2200 fastest EV in 1320 Feet
- Nissan Revises Full Fiscal-Year Profit Up to Loss of ¥550B
- Ford Motor Recalls for Brakes, Wheel Loss, Rollaways, Fires
- New Porsche Cayenne Coupé Electric Debuts in Beijing
- GM First U.S. Automaker at 100% Renewable Electricity
- McLaren to Run in 2027 World Endurance Championship
- Hybrids Rule New EU Car Registrations in March and Q1 2026
- VinFast Auto Posts March Sales of ~28,000 EVs
- Acura to Enter IndyCar. “Pause” IMSA GTP
Recent Comments
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
Archives
Meta
Tag Archives: Trump economy
Our Sinking US Economy Sinks $3.3 Trillion Further
It is now almost completely likely that the US federal debt under the Trump Administration will exceed annual gross domestic product (GDP ) in 2021. The last time this happened was at the close of World War II, when amassed debt exceeded in value the size of the economy. Continue reading
US Deficit and Government Spending Grow in Q2
Fasten your seat belt it’s going to wild ride. Is that a tropical storm building in the straits of Hormuz? Continue reading
Posted in economy, labor issues, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Deficits, Ken Zino, Trump economy, US GDP
1 Comment
U.S. Jobs – Trump Slump Continues
During the week ending 31 January 2026, the advance figure for seasonally adjusted initial unemployment claims was 231,000, an increase of 22,000 from the previous week’s unrevised level of 209,000. The 4-week moving average was 212,250, an increase of 6000 from the previous week’s unrevised average of 206,250, according to the latest statistics published by the U.S. Department of Labor (DOL) today. Total insured unemployment at 2,153,637 increased from 2,136,751 one year ago. Moreover, a key measure – vacancies, aka open or available jobs – dropped to 6.5 million in December, down from 6.9 million in November and the lowest since September 2020. Continue reading →