Author: Stefanie Galeano-Zalutko

Vaccination rates may be on the rise, but consumer sentiment and confidence are beginning to simmer due to elevated inflation concerns…

Consumer optimism dipped for the first time in three months prompted by expectations of decelerating growth, inflation and a waning of further government support…

The Conference Board forecasts real GDP growth in the U.S. will rise to 8.6% (annualized rate) in Q2 2021 and 6.4% (year-over-year) in 2021.* “The primary driver of this rapid expansion will be a surge in consumer spending as the economy fully reopens. High and increasing vaccination rates and low new COVID-19 case numbers indicate… Continue reading KPI — June 2021: State of the Economy

A comprehensive source for industry insights, exclusive interviews, new and used vehicle data, manufacturing summaries, economic analysis, consumer reporting, relevant global affairs and more…

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…