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Auto Sales Accelerate….Will Employment Follow?

February 03, 2012 | About:
insider

Todd Sullivan

22 followers
Below is the correlation between auto sales and employment. Note auto sales lead employment by roughly 2-3 months. Now, when we add this data point to what we have seen in temp employment (it has a 3-4 month lead time on NFP’s) and the strength there, we have a couple indicators that tell us we should be accelerating employment numbers in early spring.

Screen-Shot-2012-02-02-at-9.05.25-PM-624

About the author:

Todd Sullivan
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 3.1/5 (9 votes)

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