You have point, I ran into the owner of dealership here in the DC area, he told me can't believe how bad the car market is,
he said he has been doing this for 12 years and this is the first time he has been scared that the business might actually fold, as sales have completely stalled out.
My son is taking finance classes and I told him the CPI is in bad shape and shared that when I was his age (21), I was making $50K a year in 1987, and that today for the same standard of living he would need to make ~ $134K per year.
Lots of things impacting the market, I am sure this h
as doubled from $150B in 2019. Sad part is the government is burying the data, but they have it.
Little Known Surveillance Program Captures Money Transfers Between US and more than 20 Countries