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Great Recession

Down Economy Will Impact All Automakers

An economic downturn could put all automaker’s, even those making luxury autos, earnings to the test.

Cornered Fed Announces First Rate Cut Since 2008

Facing new global realities and pressure on multiple fronts, the Federal Reserve cut interest rates for the first time in more than a decade in an attempt to prolong the economic expansion.

New York Fed: Credit Scores Rise as Household Debt Reaches New Peak

Credit scores in the fourth quarter of 2017 were only a half a point higher than the median score recorded during the first quarter of 2009. And according to the Federal Reserve Bank of New York, 2017 auto loan origination volume reached the highest level it has ever observed.

AP Poll: Two-Thirds of Americans Can’t Afford $1,000 Emergency

Conducted by The Associated Press-NORC Center of Public Affairs, the poll found that 75% of households making less than $50,000 a year would have difficulty coming up with $1,000 to cover an unexpected bill.

Down Economy Will Impact All Automakers

Cornered Fed Announces First Rate Cut Since 2008

New York Fed: Credit Scores Rise as Household Debt Reaches New Peak

AP Poll: Two-Thirds of Americans Can’t Afford $1,000 Emergency

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