November 16, 2011
Carrick: Automotive sales up on both side of the border
Retail sales in the United States were up 7.5 per cent year-over-year in October, according to the U.S. Census Bureau. Automotive sales rose seven per cent while electronic items were up 3.7 per cent month-over-month.
For more analysis on retail sales in the context of housing and employment figures, please see Add U.S. October retail sales to the list of positives on the North American economy by Alex Carrick, chief economist of Reed Construction Data Canada.
In his latest blog post, Carrick discusses the latest retail statistics and analyzes the automotive industry by vehicle type in both the U.S. and Canada.
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| ALEX’S ECONOMICS BLOG |
Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
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