Wage Passthrough to Pricing is Minimal and Abating
…services, that are susceptible to pandemic and commodity markets. Auto repair services include both parts and labor, and supply chain issues in those parts can drive (no pun intended) inflation…
…services, that are susceptible to pandemic and commodity markets. Auto repair services include both parts and labor, and supply chain issues in those parts can drive (no pun intended) inflation…
…the way, but if they don’t, this spending continues pretty much on auto-pilot. The biggest and most well-known examples of mandatory spending are Social Security, Medicare and Medicaid benefits. In…
…pay the topline rates. Overall, undergraduate tuition doesn’t pay the entire cost of a college education. Branding also helps with philanthropy and the endowment, which helps subsidize the operation. Auto…
…I show the YoY change in the interest rates charged for auto loans (dotted lines) vs. mortgage rates (gold) since 1985: As you can see, these are the sharpest increases…
…2013-2019 (14% in 2013 to 26% in 2019), according to research published this month in the BMJ. “ Open Thread September 15, 2023, Will Union Auto Workers Strike? Angry Bear….
…and SUV’s may have peaked several months ago: Part and parcel of this is that the interest rates for auto loans have also risen sharply: If construction and manufacturing are…
…or higher YoY were food away from home (restaurants), up 6.0%, and transportation services (auto insurance and repairs), up 9.1%. New vehicle prices rose 0.3% in September, and used vehicle…
…And according to Kelly Blue Book, “Overall, the auto industry stocked 60 days’ worth of vehicles at the beginning of October. That’s considered a normal supply of inventory by historical standards,…
…anticipate using these new vehicles.” Using non-union labor The United Auto Workers criticized the purchase plan because Oshkosh Defense has decided to manufacture the vehicles in a new facility in South Carolina…
…driven delay is not alone. Ford is temporarily slowing F-150 Lightning production. Neither automaker is conceding the demand driven production problems being a result of the current United Auto Workers…