Doug Short had a notable post on December 8, 2014 titled “Light Vehicle Sales Per Capita – A Better Look at the Long-Term Trend.”
Below is a chart depicting the long-term trend of light vehicle sales per capita:
It is interesting to compare the chart above to that below, which is aggregate light vehicle sales over the same period:
Additional details and charts can be seen in Doug Short’s post mentioned above.
The Special Note summarizes my overall thoughts about our economic situation
SPX at 2026.14 as this post is written