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.
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 2026.14 as this post is written