4min chapter

Moody's Talks - Inside Economics cover image

CPI, Cars, and Credit Conditions

Moody's Talks - Inside Economics

CHAPTER

The Importance of Statistics in the Economy

The economy is the dog and the vehicle sales are the tail. I think the best statistics are ones that are not so easy. We get it immediately. Not so hard, we never get it. The average service ticket has been up double digits because when they do, they're doing more work. Plus you have the inflation on parts and labor leading todouble digit income increases in revenue related to service.

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