Purchase, Sell Or Analysis A New Or Used Automobile

Yesterday , I did a easy tough calculation about Normal Motors to attempt to get at how a lot manufacturing job loss one might attribute to overseas competition versus automation and productivity increases. Varied commenters objected that my assumptions were too simplistic, significantly in neglecting the domestic content in foreign autos and the significance of shifts within the supply chain over time.

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You possibly can see the rise in imports from much less than 1% in the 1960s to about 2% of US GDP in the mid 2000s (till the nice recession hit). The other interesting issue is that consumption of autos (as a fraction of the economic system) started a serious decline in the early 2000s. That is going to complicate the evaluation which I will take up once more within the next put up.

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