Author: Stefanie Galeano-Zalutko

Economists are optimistic that Americans will be eager to act upon pent-up demand as they get past the worst of the pandemic…

Global Light Vehicle (LV) sales increased to 87.5 mn units/year during March, a welcome improvement compared to an estimate of 81.8 mn units/year last month. Sales posted a 52.7% year-over-year increase; however, the number is heavily distorted due to the profound impact of the pandemic during this timeframe last year, according to LMC Automotive. The… Continue reading KPI — May 2021: State of Business: Automotive Industry

Consumer confidence grew, fueling strong consumer spending, despite an Employment Situation Summary that fell short of expectations…

Consumer confidence has rebounded sharply over the last two months thanks to record federal stimulus spending, both recently passed and proposed, as well as the positive impact from a growing share of the population who are vaccinated…

The U.S. is navigating toward recovery with increased vaccination and possible multi-step stimulus plans underway…

After a lull in November and December, economic growth has improved and should accelerate further over the coming quarters…

The short-term economic outlook has improved significantly due to renewed consumer optimism, but inflation concerns may temper spending intentions in the months ahead…

A recent bump in consumer confidence suggests economic growth is poised to improve further as vaccination efforts expand…