2081. Light Vehicle Sales Decreased to 15.3 Million SAAR in October; Lowest in 15 Months
Bill McBride discusses the decline in light vehicle sales to 15.3 million SAAR in October, marking the lowest level in 15 months due to various market factors.
your daily dose of economic commentary
Bill McBride discusses the decline in light vehicle sales to 15.3 million SAAR in October, marking the lowest level in 15 months due to various market factors.
A selection of intriguing economic studies is presented, highlighting their findings and implications for understanding economic behavior and trends.
The post discusses the affordability and convenience of the Yango ride-hailing app in Maputo, highlighting its impact on local transportation and pricing dynamics.
Maria Aspan discusses Propel's initiative to provide cash assistance to SNAP recipients through a free app aimed at supporting those on food stamps.
The discussion focuses on the unique dynamics of the labor market post-pandemic, highlighting unusual trends and potential recession risks amid a curious balance of supply and demand.
Timothy Taylor discusses the Supreme Court case regarding Trump's tariffs and the legal authority of the President to impose them under the International Emergency Economic Powers Act.
Nate Silver discusses the potential for expanding major sports leagues into Mexico City, highlighting its vibrant culture and economic viability for franchises.
The post discusses the October 2025 SLOOS survey findings, highlighting changes in lending standards and demand for various loan categories among businesses and households.
The post examines decision-making during a lengthy baseball game, highlighting concepts like marginal decisions and the sunk cost fallacy in economics.
An argument that the rise of China poses challenges to American global leadership and discusses the U.S. response through policies aimed at technological and energy advancements.
Cory Turner discusses a lawsuit claiming that changes to loan forgiveness may impact public workers if their cities oppose Trump's policies.
A significant $49 billion merger between two major companies occurs amid controversy surrounding a painkiller linked to autism by the previous administration.
Scott Cunningham reflects on his father's funeral, sharing personal memories and insights about their relationship, while also celebrating his father's character and legacy.
Bill McBride discusses the decline in active single-family housing inventory and its seasonal patterns, comparing current levels to previous years.
Robert Vienneau analyzes Bidard and Klimovsky's example of joint production, discussing techniques and feasibility in relation to wage curves and economic theory.
Menzie Chinn discusses labor market indicators and forecasts amidst the government shutdown, highlighting discrepancies in employment data collection and projections.
Menzie Chinn discusses the political implications of the term "abundance" and critiques the regulatory obstacles hindering infrastructure development in America.
The post discusses the global adoption of renewable energy, highlighting the U.S.'s lagging position compared to Europe and China, and its implications.
Menzie Chinn analyzes the recession claims by EJ Antoni and Peter St. Onge, suggesting the recession may have ended in mid-2024 based on his calculations.
An argument that the economic outlook for the US hinges on California and New York's GDP and employment trends, highlighting their significance in predicting national recessions.