Joe Abate
Joe Abate
continue economy forcing hour keeps miles per percent pressure speed talking
We are talking about an economy averaging about 30 miles per hour in a 60-mph speed zone. That keeps pressure on the unemployment rate, forcing it to continue to rise. By summer, we could have 6.4 percent unemployment.
gently glut pressure putting seeing vehicle
What you're seeing is a glut of gently used vehicles, and that's putting pressure on all vehicle prices.