View Single Post
Old 11-19-2008, 10:53 AM   #16
ValintinoV

Join Date
Nov 2005
Posts
335
Senior Member
Default
Originally posted by DanS


The Detroit Three's exaggerations are disheartening and insulting. According to the Bureau of Economic Analysis, the contribution of motor vehicle output to the economy is 2.3% right now and about 3% in good times. That includes products that the car companies don't sell (some heavy duty trucks, etc.). That includes the Japanese and European car companies who assemble vehicles in the States, and who, incidentally, have over half market share.

See line 15...

http://www.bea.gov/national/nipaweb/...&LastYear=2008 Not only half the market, I'd bet they also create most of the 2.3% as well.
ValintinoV is offline


 

All times are GMT +1. The time now is 11:49 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity