Last week was another tough one for US automakers. James Hamilton shows data at Econbrowser that suggests times are not getting better anytime soon, with sales continuing to stagger:
There had been some notes of optimism when March sales improved over February, so the dropoff in April was disappointing. But it is the year over year numbers that are striking. Read Hamilton's analysis here.
Posted
05-04-2009 7:03 AM
by
Graham Griffith