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According to participants in the Chicago Fed’s annual Automotive Outlook Symposium, the nation’s economic decline is forecasted to bottom out this year; solid economic growth is expected in 2010—with inflation staying contained but the unemployment rate remaining high. Light vehicle sales...
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In linking demographic trends of the last two decades to the geographic dispersion of the auto industry, this article finds that the addition of a large plant significantly influences the migration experience of the host county as well as counties adjacent to it.
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The United States automotive industry has been undergoing tremendous changes in recent years. Speakers at a recent Chicago Fed conference explored these changes and considered the road to the future for the auto industry.
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Today, the distinction between “American” and “foreign” vehicles is not so clear: Some models produced by the American-owned Detroit Three carmakers have a smaller share of domestic parts than models produced by foreign-owned carmakers. This article examines how much domestic content...
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