AUTOS Moving on a Fast Track into 1977
They are accorded no separate listing on any of the official indexes of the nation's economic health. Yet no other single category of commercial activity more acutely reflects the state of the nation's economy than auto sales. Last week, as the year-end figures were added up, the results provided strong proof that the U.S. is in fact coming out of the prolonged business "pause" of late summer and fall. After flattening out disappointingly in October and November, in December new-car sales jumped 16% above those of a year earlier. That surge made 1976...
To continue reading:
or
Log-In
