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Recent Posts
- GM Q3 2026 Net $3.3B. More Share Buybacks Coming
- Toyota Installs Two Hydrogen Fueling Stations in Ontario CA
- WEC Barcelona – Toyota Racing Takes Manufacturers’ Title
- Park Outside! Genesis Recall for Power-Seat Motor Fires
- New UAW International Executive Board Sworn In
- First Look – Porsche Mission S Sports Car Concept Debut
- HondaJet APMG S Upgrade Approved by EASA
- Acura to Debut New SUVs Targeting Detroit Models
- Trumpoline – EV Sales Increase in Q3 2026!
- Annals of Marketing – Subaru on Travel and Pets
- MBUSA Recalls 30,000 Vehicles for Brake Hose Failures
- Ram 1500 Recall for Bad Tire Pressure Monitoring
- Cause of Ongoing Volkswagen ID.4 Battery Fires Unknown
- Americans Directly Link Affordability Concerns to Trade Policy
- Trump Mis-Administration – Record High Gas Prices Persist
Recent Comments
- 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
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
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Tag Archives: u.s. economy
Making the Budget Deficit Great Again. November at $203 billion. Interest for Debt up $5 Billion
Not that it matters according to traditional Republican double-speak, such gigantic deficits are only a problem if they occur when the Democrats are in power. When Republicans cut taxes for the wealthiest and run up huge deficits it’s – don’t laugh – good for the economy. Worse, the federal budget deficit was $303 billion for the first two months of fiscal year 2019, says CBO. Continue reading
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
Unemployment Insurance Claims Rise for Fourth Straight Week
This is a clear sign that the U.S. economy is not creating jobs as both political parties maneuver for advantage in the upcoming presidential election with no apparent desire to address current economic problems. Continue reading
Posted in auto news, economy, labor issues, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, job creation, jobs, Ken Zino, u.s. economy, unemployment
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Cut Energy Waste. Save $4.8 Trillion or $31,000 a Household!
ACEEE found opportunities for progress in eight broad areas: buildings equipment efficiency, zero-emissions new buildings, existing building improvements, industrial energy efficiency and electric heat, reduced industrial materials, efficient and electric vehicles, transportation system efficiency and access, and electricity demand flexibility. Continue reading →