Oct 07

The Source Of The US Economy’s Only Bright Spot: $1 Trillion In Car Loans:

As the following chart shows, after langushing between $70 and $800 billion in the second half of the last decade, since Q2 2010 US auto loans have been on an absolute tear, and have increased by over 40% in the past five years alone, to just shy of $1 trillion as of June 30!

Tags: , , , ,

Leave a Reply