- François Dupuis, Vice-President and Chief Economist • Francis Généreux, Senior Economist
Is the U.S. Auto Market at Risk?
Auto sales have risen steadily in recent years, but have lost steam in the last few months. This plateauing appears to indicate that sales have reached their cyclical peak. Tighter credit conditions in this market are further complicating the situation. Declining auto sales could lead to slower growth by real U.S. consumption and Canadian exports tied to this sector.
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