Car Sales in the US
In terms of consumer expenditures, cars are typically second only to houses. Housing usually represents the largest single expenditure for most consumers, while automobiles generally come next, making them one of the most significant purchases in a consumer's budget. In April, car and light truck sales adjusted for seasonally reached 15.7 million units at annual rate, the second highest in the last 35 months.
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(Original air-date: 5/24/24)