{"id":2790,"date":"2011-01-05T07:16:05","date_gmt":"2011-01-05T14:16:05","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=2790"},"modified":"2018-08-16T17:39:08","modified_gmt":"2018-08-16T21:39:08","slug":"surge-in-car-sales-is-important","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2011\/01\/05\/surge-in-car-sales-is-important\/","title":{"rendered":"Surge in car sales is important"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">The Wall Street Journal reported yesterday that U.S. auto sales were up 11% in December.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis:<\/strong> This is, again, an important economic figure.\u00a0 The reason is that it shows that U.S. consumers are feeling better about their long-term financial situation and to a degree that is high enough that they are willing to take on additional debt.\u00a0 That debt is a budget burden for many years.\u00a0 So to take on that kind of obligation takes some confidence.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 8; other than houses and education, cars are the most expensive things most people buy.\u00a0 When they open up their budget to allow this sort of thing, it is a very strong indication of consumer confidence.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Wall Street Journal reported yesterday that U.S. auto sales were up 11% in December. Analysis: This is, again, an important economic figure.\u00a0 The reason is that it shows that U.S. consumers are feeling better about their long-term financial situation and to a degree that is high enough that they are willing to take on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-2790","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=2790"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2790\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=2790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=2790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=2790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}