Light Truck Sales Are Adding Zip To The Upturn...Gene Koretz
What's good for Detroit's auto makers is usually good for the economy. With motor vehicle sales surging, U.S. auto makers have scheduled a 20% rise in car and light-truck output in the fourth quarter over third-quarter levels. As a result, says economist Diane Swonk of First National Bank of Chicago, motor vehicle production will add at least 1.75 percentage points to this quarter's growth rate.
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