Autos In The US Economy (9)

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I’m a scientist and innovator in the expertise industry, with a broad vary of interests and experiences. I’ve a Physics PhD, MS in CS, and have completed analysis , lived in cohousing communities, run a enterprise, and designed technology merchandise. Professionally, I’ve mainly labored on pc security problems. Currently I am Adjunct Professor of Pc Science at Cornell, however this blog represents my views only. Email me at stuart – at – earlywarn – dot – org. I do learn all electronic mail, however as a result of the weblog is a part-time unfunded enterprise, I usually fail to answer on account of lack of time – apologies.

The odd-trying line on this graph is the one for home consumption of autos and components as a fraction of GDP; the line begins to drop after 2002, solely reversing in 2010. It is odd to me because a graph of US vehicle sales is basically flat from 2001 to 2007 at between 16 and 17 million vehicles per 12 months. Studying off Stuart’s graph above, the gross consumption line starts at about 3.7% of GDP in 2001 and drops to round 2.eight% in 2007, so roughly a 25% drop. Looking at BEA Table 1.1.5. US GDP rose 36% during that period.

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