A man looks at cars for sale at an auto showroom in May 2017 in the Queens borough of New York City. The US has averaged about 17.5 million in annual car sales in the last three years. Photo: Getty Images via AFP
Kerry Craig
Opinion

Opinion

Macroscope by Kerry Craig

Car sales, TV sets and the McDonald’s McRib – what consumer spending tells us about the health of the US economy

  • Consumption is all-important to the US economy: it tells us that the economy is likely to slow this year, but is strong enough to stay steady in 2019

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A man looks at cars for sale at an auto showroom in May 2017 in the Queens borough of New York City. The US has averaged about 17.5 million in annual car sales in the last three years. Photo: Getty Images via AFP
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