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Todd Sullivan
Todd Sullivan
Articles 

Auto Sales Accelerate….Will Employment Follow?

February 03, 2012 | About:

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
Charlie Tian, Ph.D. - Founder of GuruFocus. You can now order his book Invest Like a Guru on Amazon.

Rating: 3.1/5 (9 votes)

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