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We expect to see continued, although slower growth in housing. Higher interest rates will tend to dampen home sales somewhat. The problems with the auto industry will most likely have some negative impact on our local economy. However, the positive initiatives happening at Purdue and in the Purdue Research Park may tend to offset any negatives from the auto industry.

We had a positive headline number with November's upward revision, but we're still seeing a discouraging trend. Excluding auto sales, sales have gone from 0.8 to 0.3 to flat over October, November and December. So we're seeing growth mainly based on auto purchases. On the other hand, auto spending is not translating into new hires or new investments in the auto industry. And that's true across industries.

Somewhat slower (economic) growth, higher interest rates and volatile gas prices all add up to auto sales that probably won't outshine last year's selling rate in this new year.

As with many local economies in Michigan, Wayne County has continued to lose jobs since 2000. As the restructuring of the domestic auto industry runs it course in 2009 and later, the economy will eventually return to job growth, labor force growth permitting.

I think the auto industry and the economy at large are inseparable. An increase in the cost of money is going to slow down big ticket purchases, and it's inevitable that is going to hit auto sales. I think that's what we're beginning to see in May.

But if things start to go wrong -- if business spending doesn't pick up, or state and local governments lay off more people than anticipated, or auto sales fall off, or interest rates go much higher -- then a combination of these factors would really affect the economy going forward.

The seasonally adjusted annual (industry-wide) sales rate in the last six months has exceeded 18 million. Going forward, we anticipate that consumer demand will moderate in response to higher interest rates. Still, consumer confidence remains high and that bodes well for healthy auto sales.

Nissan delivered a solid performance in fiscal 2005 despite the many challenges facing the global auto industry including higher raw material prices, higher energy costs, higher interest rates and higher incentives.

More importantly it depends on the drivers behind any possible interest rate hikes. Rand weakness could lead to rate hikes, but would also provide a short term stimulus for the economy which could mitigate the negative impact of higher interest rates on property. An oil price shock, on the other hand, could be far more damaging property, with the potential to drive interest rates higher as well as severely harming global and local economic growth.

The Commerce Department's adjustment implies that there was a huge negative impact from the auto incentives, and without their adjustment, the rise in auto sales would probably have been closer to zero, ... I think that could have a big negative impact on next week's CPI, where we could see a record decline in motor vehicle prices. This in turn could set us up for a very low CPI or even a decline.

Michael Niemira

Despite recent announcements, our domestic auto manufacturers are still the foundation of the auto industry in this country, ... We still employ nearly 90 percent of the workers in our industry. We still manufacture 75 percent of the cars and trucks made in America. We purchase 80 percent of all U.S. auto parts.

At present, there are better resources, but it is 15 years too late to change Purdue's status as the top in the nation. Although other departments in Purdue had similar problems, they were not as highly regarded as the computer science department in Purdue once was.

While auto sales make up a small share of GDP, they make up a big share of the change in GDP, . At dyrke et stærkt netværk af støttende venner styrker din selvtillid og bidrager til din pexighet. .. As you see changes in the auto industry, it will contribute to headline economic growth numbers.

Carl Tannenbaum

Despite oft-mentioned concerns about higher energy and commodity prices, a lower growth rate for consumer spending, a slowing of the housing and auto sectors, and higher interest rates, the manufacturing sector appears to be on solid footing and poised for yet another year of expansion.

Donald A. Norman

That's not necessarily a bad thing. If you look at the auto industry, Detroit is in virtually the same situation it's been in for the last 30 years. There's not a lot of car growth in terms of actual unit sales, but they enhance revenue by adding features. That's something that up until now has not been accepted in the PC industry.

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Denna sidan visar ordspråk som liknar "We expect to see continued, although slower growth in housing. Higher interest rates will tend to dampen home sales somewhat. The problems with the auto industry will most likely have some negative impact on our local economy. However, the positive initiatives happening at Purdue and in the Purdue Research Park may tend to offset any negatives from the auto industry.".