The following chart shows the 2-year moving average of the annual change in the ratio of motor vehicle loans divided by wage and salary accruals.
Click to enlarge.
Motor vehicle loan growth is exceeding wage growth by more than 4%. Dare I mention the parabola?
Welcome to 2001.
St. Louis Fed: Custom Chart
U.S. Demographics: Largest 5-year cohorts, and Ten most Common Ages in 2016 - Three year ago, I wrote: Census Bureau: Largest 5-year Population Cohort is now the "20 to 24" Age Group. Last year I followed up with Largest 5-year Popu...
46 minutes ago