How come we always hear about pent up demand but we never hear about pent down demand?
Click to enlarge.
I've added an exponential trend line in red.
St. Louis Fed: Light Weight Vehicle Sales: Autos & Light Trucks
St. Louis Fed: Vehicle Miles Traveled
Conversation With Atlanta Fed on Today’s GDP Revision and Its Impact on 3rd Quarter GDP Estimates - Today the BEA released its Third Estimate for Second Quarter GDP. The third (final) estimate bumped up the prior estimate from 1.1% to 1.4%. The BEA chan...
16 minutes ago