CPI, Cars, and Credit Conditions
Moody's Talks - Inside Economics
00:00
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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