“All Things Fixed Ops” Auto Market Update 12-18-2023

Economic Outlook: Source It’s projected that the economy will expand at a modest 1.4% next year and 1.8% in 2025. The Fed is delivering as many as six 25-basis-point rate cuts totaling 150 basis points. Interest rates have a direct effect on consumer behavior, impacting several facets of everyday life as borrowing becomes cheaper, making large…

“All Things Used Cars” Auto Market Update 12-15-2023

Economic Outlook: Source It’s projected that the economy will expand at a modest 1.4% next year and 1.8% in 2025. Fed is delivering as many as six 25-basis-point rate cuts totaling 150 basis points. Interest rates have a direct effect on consumer behavior, impacting several facets of everyday life as used car borrowing becomes cheaper, making large…

“All Things Used Cars” Auto Market Update 12-8-2023

All Things Used Cars: Economic Outlook: Source Staying on next year’s interest rate outlook a little longer, things are slowing in the labor market, it’s not enough to cause a panic about unemployment. The October jobs report with the economy adding just 150,000 jobs and the unemployment rate ticking up to 3.9% Over the past three months,…

“All Things Fixed Ops” Auto Market Update 12-4-2023

Fixed Ops Economic Outlook: Source Discretionary spending is increasingly tilting toward experiences outside the home, especially among young adults. While residual strength in the labor market continues to support household finances, certain groups — including lower earners, student debt holders, and parents — are experiencing growing budgetary pressures. Baby boomers (60-75) tend to be the…

“All Things Used Cars” Auto Market Update 12-1-2023

All Things Used Cars Economic Outlook: Source Discretionary spending is increasingly tilting toward experiences outside the home, especially among young adults. While residual strength in the labor market continues to support household finances, certain groups — including lower earners, student debt holders, and parents — are experiencing growing budgetary pressures. Baby boomers (60-75) tend to…