Auto Industry: February Numbers See Significant Gains
So far, 2013 has been a cautiously optimistic looking period for the U.S. economy. Recently, new home rates surged 15.6 percent for the month of January, indicating that people are starting to make larger purchases again, even following the expiration of the payroll tax cuts.
Just last week, the domestic auto industry sales for the month of February. Every major company reported growth of new car sales, some of it quite significant. It seems that Americans are now again feeling comfortable making big ticket purchases that they have shied from in the past few years.
Although several industries still have catching up to do — retail, for instance — the positive figures shown by these two key industries are a bright light in the fog that has hung over the country since a near collapse of the financial system nearly five years ago.
So without further delay, here are the domestic auto manufacturer sales figures for the month of February, 2013.