by Teddy Grant | Apr 30, 2017 | Autos, Durable Goods, Economy, Jobs, Newest, Personal Income
For the first two months of 2017, personal income rose 0.4 percent in a sign that consumers are earning more. On Monday, The Bureau of Economic Analysis will release its Personal Income and Outlays report and many analysts are predicting an increase of 0.3 percent,...
by Elizabeth Ramanand | Apr 28, 2017 | Autos, Economy, Newest
The March auto sales report to be released is expected to show a slight decrease to about 17.3 million units as auto sales weaken compared with record performance in the last year when the U.S. auto market reached an annualized rate of 17.53 and 17.58 for February...
by Elizabeth Ramanand | Apr 9, 2017 | Autos, Economy, Newest
Auto sales dropped in March, well below market expectations, led by a decline in sales numbers of three large car companies, General Motors, Ford, and Fiat Chrysler. The boom of the auto industry might be weakening but truck sales continue to rise despite the auto...
by Elizabeth Ramanand | Mar 27, 2017 | Autos, Economy, Newest
What does a wealthy person do when the Dow has continued to maintain impressive numbers and their fellow rich person is the president of the United States? They buy a Porche, a Rolls Royce, a Maserati, a Bentley or heck maybe all of them. Just last month the Dow...
by Elizabeth Ramanand | Mar 6, 2017 | Autos, Economy, Newest
Automakers sold fewer vehicles in the U.S. for the month of February as consumers seem to be hitting the brakes on buying cars and are more in favor of purchasing trucks and SUVs. Even though the auto industry continues to move along as car sales came at a total of...
by Teddy Grant | Mar 5, 2017 | Autos, Economy, Newest
Personal Income rose in January boosting consumer confidence in a week when President Trump tried to reassure Americans he can improve the economy. Personal income rose 0.4% or $63 billion, slightly ahead of the consensus of 0.3%, per surveys from Bloomberg. Some...
